Alameda Sends $16M in SOL to FTX Estate Wallet for Creditor Payouts

TLDR

• Alameda Research unstaked 198,425 SOL and transferred the full amount to an FTX bankruptcy wallet.
• The transferred SOL was worth about $16 million when the transaction took place.
• Arkham Intelligence linked the sending address to Alameda and tracked the transfer on-chain.
• The FTX estate still holds about 3.5 million SOL after recent monthly unstaking rounds.
• Solana’s price stayed roughly flat after the latest transfer reached the estate wallet.

Alameda Research moved 198,425 SOL to an FTX bankruptcy wallet after unstaking the tokens over the weekend. The transfer totaled about $16 million. The move supports ongoing creditor repayments.

FTX Estate Wallet Receives Another Monthly SOL Transfer

Arkham Intelligence data showed the Alameda-linked address withdrew the SOL from staking before sending the full balance onward. After confirmation, the estate-controlled wallet received every token.

That wallet has handled repeated asset transfers during the bankruptcy process. It routes holdings for distributions, and it also sends assets to exchanges when needed.

This transfer followed a similar March transaction. In that move, Alameda unstaked about 197,000 SOL, worth roughly $17 million, and sent it to the same wallet.

The FTX estate still holds a large Solana position despite the latest release. Recent reports placed Alameda-linked holdings near 3.5 million SOL after recent transfers.

Those tokens were valued between $294 million and $320 million in recent estimates. Even so, the estate has reduced exposure through regular monthly unstaking batches.

Since FTX collapsed in 2022, the estate has redeemed several staking positions in similar tranches. Earlier withdrawals included 192,000 SOL and 196,611 SOL, based on cited reports.

Those earlier batches carried values of about $45 million and $16 million at transfer time. The estate prepared those tokens for distribution or sale.

Solana Price Stays Flat as the Estate Continues Repayments

Court filings direct the bankruptcy team to marshal and monetize liquid assets for creditor claims. That effort has already moved more than $1 billion in SOL.

The estate has not sold all released tokens at once. Instead, it has spread transfers across addresses and exchanges, including Coinbase and Binance.

The latest unstake produced little immediate movement in Solana’s market price. During the period, SOL traded roughly flat around the low-$80 range.

Traders have seen repeated FTX-linked SOL transfers since late 2022. As a result, scheduled unlocks now arrive without the sharp reactions seen earlier.

The current transfer fits that established pattern, and it points to another controlled release. Arkham’s tracking identified the sending wallet as connected to Alameda.

The repayment process remains court-supervised, and asset movements continue under that framework. The destination wallet has repeatedly received tokens earmarked for creditor distributions.

This weekend’s transfer added another 198,425 SOL to that pool. At the time of the move, the batch was worth about $16 million.

Estate records have framed these transfers as steps toward approved distributions. For now, on-chain data shows the SOL left staking and reached the estate wallet over the weekend.

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