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160 million chips loosened, be cautious with this wave of SOL
On-chain monitoring shows that FTX/Alameda-related addresses have released approximately 198.4k SOL, worth about $16.21 million.
The key point of this move is not "unstaking," but what might happen next.
Generally speaking, large unlocks imply two possibilities:
Either preparing to transfer asset structures, or getting ready for potential selling pressure.
For addresses with a long history like this, once the chips re-enter circulation, the impact on market sentiment often exceeds the actual selling itself.
In the short term, such news is more likely to amplify volatility, especially during periods when the market is already unstable.
The market's biggest fear has never been bad news, but "bad news that can be realized at any time."
(Some chips are beneficial when inactive, but once they start moving, it’s a different story.) #Gate上线Pre-IPOs #美伊停火协议谈判再生变故 #Gate广场四月发帖挑战 #Canary提交现货PEPEET申请 $SOL