FTX/Alameda Distributes 187,000 SOL Tokens Post-Staking

FTX and Alameda executed the distribution of 187,000 SOL tokens, valued at approximately $32.2 million, across 27 addresses on May 13, 2025.

This event highlights post-bankruptcy asset management activities by FTX and Alameda , with 187,000 SOL being moved without immediate price impact on Solana.

FTX and Alameda have continued their post-bankruptcy activities with the distribution of 187,000 SOL tokens, valued at about $32.2 million. This transaction was completed on May 13, 2025, across 27 different wallets. Both FTX and Alameda were primarily managed under the leaderships of Sam Bankman-Fried and Caroline Ellison. Recently, these organizations have operated under controlled addresses with no official comment released about the transactions.

The transfer of 187,000 SOL tokens raised some market concerns regarding potential selling pressure but did not cause any significant price impact on the Solana market. In past instances, such movements have affected Ethereum and MATIC prices, leading to short-term volatility.

No relevant direct quotes from founders, CEOs, CTOs, or major industry KOLs are available regarding this event as of May 13, 2025.

On-chain data and community observations suggest that SOL prices remained stable, following the distribution activities. This aligns with the historical precedent of Alameda’s asset movement post-bankruptcy, where brief price changes occurred but without long-term implications. Future patterns may depend on broader market conditions and potential regulatory developments.