Sam Bankman-Fried’s companies, FTX and Alameda Research, recently unstaked a substantial amount of 187,625 SOL tokens worth approximately $32 million. This action occurred amidst ongoing bankruptcy proceedings that have gripped the crypto industry. Speculation regarding these movements arises from concerns surrounding potential asset liquidations to settle creditor claims, leading to a ripple effect on Solana’s market. 187,625 SOL tokens remain idle after this unstaked event, which contrasts previous similar crypto actions. FTX and Alameda played a significant role in shaping market perceptions due to their substantial cryptocurrency holdings. The community remains engaged, anticipating whether the unstaked SOL will be traded on exchanges soon. This event’s significance underscores the ongoing financial uncertainties surrounding these companies. Market analysts are closely watching for potential volatility as historical trends suggest market recovery could occur despite recent challenges.