All this transfer is a part of ongoing payments to creditors after one of crypto’s biggest collapses. Meanwhile, a New York court ordered FTX and Alameda to repay $12.7 billion, of which $7.6 billion has been paid so far, with about $5.1 billion remaining.
Will Solana Token Price Dip, Following Alameda Unstaked
The bankruptcy team is not selling everything at once. Instead, they are splitting the total amount into smaller parts and moving them through different wallets. This helps avoid a sudden crash in SOL price and protects the value for creditors.
Even with this careful approach, SOL is down about 1% in the last 24 hours, trading near $81.93.
In the past, each large unlock caused a short-term drop of around 3%–5% as traders expected more selling.
With billions still to recover and monthly transfers continuing, Alameda’s SOL wallet will remain one of the most watched addresses in crypto until the final creditor is made whole.
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