25.06.2025 03:28
A wallet associated with the bankrupt cryptocurrency exchange FTX and its affiliated trading firm Alameda Research recently transferred a substantial quantity of Solana (SOL) tokens. On June 25th, data from OnchainLens, as reported by internet sources, revealed a transfer of 62,496.7 SOL to Coinbase.
This significant transaction, worth approximately $9.07 million at the time, occurred just four hours before the report surfaced. Following the transfer, the FTX/Alameda-linked wallet still holds a considerable balance of 110,195.75 SOL, currently valued at over $16.07 million.
This activity underscores ongoing efforts by entities connected to FTX and Alameda to manage their remaining assets. The movement of such a large sum of SOL to a major exchange like Coinbase suggests a strategic maneuver to maintain liquidity and potentially facilitate future transactions or repayments. The ongoing implications of these actions for creditors and the broader cryptocurrency market remain to be seen.
