 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
Bankrupt Crypto Exchange FTX Has Unstaked and Dumped Millions of Solana into Multiple Wallets
Mar 04, 2025 at 03:57 pm
The defunct crypto exchange FTX has unstaked and unloaded millions of Solana into multiple wallets as customer repayment gains momentum.
The defunct crypto exchange FTX has unstaked and unloaded millions of Solana into multiple wallets as customer repayment gains momentum.
Solana has corrected a staggering 17% in the past 24 hours, the largest among crypto assets in the top 7 ranking by market cap. Although this follows a broader market sideways trend, FTX’s on-chain activity may have contributed to this capitulation.
Data from the on-chain analytical firm Spot On Chain shows that the insolvent FTX unloaded a substantial amount of Solana late Monday. Specifically, an address FTX/Alameda leverages for staking activities has unlocked 3.03 million SOL ($432.5 million) and shifted them to multiple wallets.
Defunct Exchange Piles on to Solana’s Circulating Supply
Spot On Chain confirmed the recent transaction. The wallet unstaked the tokens and moved them to about 37 different addresses for a possible shift to exchanges Coinbase and Binance.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
- Cryptocurrency markets have responded positively following President Donald Trump's approval of the United States Crypto Reserve
- Mar 04, 2025 at 10:25 pm
- Cryptocurrency markets have responded positively following President Donald Trump's approval of the United States Crypto Reserve. This reserve includes major U.S.-based altcoins such as Solana (SOL), XRP, and Cardano (ADA) alongside Bitcoin (BTC) and Ether (ETH).
-
- President Donald Trump's Recently Announced Crypto Strategic Reserve
- Mar 04, 2025 at 10:25 pm
- President Donald Trump's recently announced Crypto Strategic Reserve has sparked a heated debate among cryptocurrency industry leaders. The plan, which would include multiple digital currencies beyond Bitcoin, has created an unexpected divide among Trump's tech supporters.
-
-
-
-
