Alameda Unstakes $23 Million in Solana To FTX-Linked Wallets

Alameda Research unlocked Solana tokens worth nearly $23 million today. Despite this notable unlock, it barely affected SOL’s underlying price or demand dynamics. FTX’s reimbursement process has begun, and the firm unlocked SOL worth $1.57 billion. Alameda’s comparatively small unlock exists in the context of bearish market factors that are drastically impacting demand. How Will Alameda Use... source: https://beincrypto.com/alameda-unstake-solana-23-million/