Addresses tied to the now bankrupt Alameda Research have just unstaked and transferred $10.3M worth in SOL tokens to 30 different wallet addresses. The distribution is part of the ongoing liquidation of the remaining FTX-Alameda Research assets after their bankruptcy filing in late 2022. The addresses which received these SOL tokens have also previously received transfers from this Alameda Research address, with many of these addresses transferring the assets to exchanges such as Coinbase Prime or OTC desks such as Wintermute, presumably for sale.
Despite having transferred out approximately $1B in SOL since late 2023, the Alameda Research addresses still hold 5.286M SOL tokens or just over $750M in worth. This significant holding of SOL is largely due to the heavy involvement of Sam Bankman-Fried and Alameda Research in investments and the development of the Solana ecosystem and its protocols in 2020 and 2021.
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