Alameda Research moved 201.78K SOL (~$15.2M) to BitGo custody for OTC sale following unstaking.
Macro & Markets ·
The Alameda Research bankruptcy wallet transferred approximately 201.78K SOL (valued near $15.2M) to multiple BitGo custody wallets approximately ten hours after unstaking 201.74K SOL. The movement is being prepared for over-the-counter sale, according to on-chain monitoring.
The transfer represents a liquidation step in the ongoing wind-down of assets tied to the collapsed FTX exchange. Alameda Research's wallet activity continues to be tracked as part of broader bankruptcy proceedings, with custody transfers typically preceding asset sales to reduce counterparty exposure during transactions.
The timing and scale of SOL movements from the estate remain subject to bankruptcy administration. No details have been disclosed regarding the counterparty for the OTC sale, the expected settlement timeline, or whether additional tranches are planned.