Alameda Research unlocks 32.2 million USD in SOL amid bankruptcy

Alameda Research has unlocked 187,625 SOL valued at approximately 32.2 million USD amid bankruptcy proceedings. Despite concerns over market volatility, Solana’s price has remained stable thanks to court-enforced sale limits.

Since November 2023, Alameda has unstaked over 7.8 million SOL, valued nearly at 1 billion USD. This consistent asset management under bankruptcy guidelines aims to stabilize the Solana market, reflecting ongoing efforts to fulfill creditor claims.

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