FTX and Alameda Research have continued their asset liquidation efforts, withdrawing another significant chunk of Solana (SOL) from staking positions last Thursday. This transfer, valued at $44.9 million, follows a broader strategy to liquidate assets as the companies navigate bankruptcy proceedings. The transaction was part of a structured monthly program overseen by the bankruptcy estate. 8.98 million SOL worth approximately $1.2 billion have been pulled out from Solana since November 2023, according to blockchain analytics platform EmberCN. 4.18 million SOL remain with the staking address, valued at around $977 million. Despite these liquidations, Solana’s market remains active, experiencing a 4.3% price increase in the past 24 hours, reaching $234.27. This comes alongside a 14.4% weekly rise in SOL values. The process of distributing payments to creditors continues to be a focal point for FTX as they approach September 30th, with the next round estimated to involve a significant disbursement. This latest chapter in the FTX bankruptcy saga underscores the ongoing impact and uncertainties surrounding the cryptocurrency market.