#Gate广场四月发帖挑战

Major on-chain move! FTX/Alameda makes a big move, releasing 198.4k SOL from collateral and escaping

Friends, there’s another interesting big event happening on the chain! Our familiar crypto “old acquaintance” FTX together with Alameda have once again carried out a major operation on the SOL chain—directly releasing 198.4k SOL from staking. At current market prices, this amount is worth a full $16.21 million, making it a real “asset transfer” on the chain!

Since the bankruptcy liquidation began, FTX and Alameda have become the busiest “liquidation workers” on the chain, occasionally executing withdrawal operations that always stir the market’s nerves. This time is no different; the 198.4k SOL was originally safely staked in the staking pool, quietly earning staking rewards, but unexpectedly was “unlocked with a single click” by its owner, instantly breaking free from the lock status—an iconic “mass escape” scene.

It’s important to note, $16.21 million is no small sum. As soon as the SOL withdrawal news broke, the crypto community exploded. Everyone imagined the scene: a bunch of SOL tokens all at once lifting their staking restrictions, like little creatures freed from their cages, eager to move on the chain, ready for the next transfer. Many crypto enthusiasts joked that this operation is basically “a routine move for bankruptcy liquidators,” but it made the market sweat cold—after all, every asset movement from the FTX group inevitably raises concerns about potential selling pressure and impacts SOL’s price trend.

Looking at the on-chain data, this withdrawal operation’s trail is clear, definitely controlled by FTX/Alameda related addresses—another small step in their bankruptcy asset disposal process. Although 198.4k SOL isn’t a staggering amount compared to their massive liquidation asset pool, given the price per token, the flow of assets worth millions of dollars on the chain remains a significant dynamic not to be ignored.

Right now, with this batch of SOL just released from staking, it’s still uncertain whether they will continue to hold and observe or move to exchanges for liquidation. But one thing is certain: the liquidation journey of FTX and Alameda is still ongoing, and such small asset moves on the chain will continue to make headlines now and then. After all, the “former top star” of the crypto world’s asset disposal every step of the way draws market attention. Let’s quietly watch where this batch of SOL will go next!