Alameda Research unstaked $16 million worth of Solana’s SOL and moved the tokens to an address used for creditor distributions. The same destination pattern was seen about a month ago, putting this latest transfer straight back on the market’s radar.
The transfer matters because the destination appears tied to the bankruptcy distribution process rather than routine treasury management. Solana has long been one of the most closely watched assets linked to the FTX and Alameda estate, so each new unstake tends to raise fresh questions about timing, payout sequencing and whether additional supply could soon reach the market.
What gives this move more weight is the repetition. When the same wallet pathway shows up again after a similar transfer one month earlier, it starts to look less like an isolated transaction and more like part of an ongoing distribution rhythm tied to creditor repayments.
Source: Arkham Intelligence.
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