Alameda Research bankruptcy wallet unstaked 201.74K SOL ($15.27M) after 5 years, realizing $2.83M in staking rewards.
Macro & Markets ·
A wallet associated with Alameda Research's bankruptcy estate has unstaked 201.74K SOL worth approximately $15.27M after holding the position for five years. The original stake of 164.38K SOL had been worth around $352K when first locked, demonstrating substantial appreciation in the underlying asset price over the period.
The unstaking event also crystallized accumulated rewards: the wallet earned roughly 37.36K SOL in staking rewards, currently valued at approximately $2.83M. This activity is traceable on-chain through the specific wallet address involved in the transaction.
What remains unclear is whether this represents a deliberate liquidation strategy by the bankruptcy estate, whether additional SOL positions remain staked, or how the proceeds will be allocated across Alameda creditors and obligations.