Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution? - Overpasses For America

Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution? - Overpasses For America

Solana is once again in the spotlight. Blockchain data by Arkham Intelligence shows that an Alameda Research staking account has unstaked $35 million worth of SOL. Alameda Research initially locked up the SOL in late 2020. A convicted fraudster, Sam Bankman-Fried, founded Alameda Research, once a prominent quantitative cryptocurrency trading firm and the sister company of the now-defunct FTX exchange. Related Reading The connection instantly rai…

Will Solana’s $170 support hold after Alameda unstakes $35M in SOL?

SOL' whale activity and Alameda’s $35M unstake highlight rising distribution risk, making $170 a critical support level to watch.

Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution?

Solana is once again in the spotlight. Blockchain data by Arkham Intelligence shows that an Alameda Research staking account has unstaked $35 million worth of SOL. Alameda Research initially locked up the SOL in late 2020. A convicted fraudster, Sam Bankman-Fried, founded Alameda Research, once a prominent quantitative cryptocurrency trading firm and the sister company of the now-defunct FTX exchange. The connection instantly raises eyebrows, gi…