{"id":21927,"date":"2026-02-12T12:25:21","date_gmt":"2026-02-12T12:25:21","guid":{"rendered":"https:\/\/bitunikey.com\/news\/alameda-moves-another-15m-in-solana-as-traders-watch-for-market-impact\/"},"modified":"2026-02-12T12:25:33","modified_gmt":"2026-02-12T12:25:33","slug":"alameda-moves-another-15m-in-solana-as-traders-watch-for-market-impact","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/alameda-moves-another-15m-in-solana-as-traders-watch-for-market-impact\/","title":{"rendered":"Alameda moves another $15M in Solana as traders watch for market impact"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Alameda Research\u2019s bankruptcy estate has distributed another $15 million worth of Solana to creditors, extending a repayment process that has now been running for nearly two years.<\/p>\n<div id=\"cn-block-summary-block_fe7b8566cc7f61fe1760bc04851c36a9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Alameda Research\u2019s bankruptcy estate distributed roughly $15.6 million in Solana to creditors in its latest monthly payout, extending a repayment process that has run for 21 months.<\/li>\n<li>Despite ongoing distributions, Alameda still holds nearly $315 million worth of SOL on-chain, keeping traders alert to potential supply overhang risks.<\/li>\n<li>Most of Alameda and FTX\u2019s SOL was previously sold through OTC deals in 2024, with remaining distributions being handled gradually to limit market impact.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to blockchain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/arkham\/status\/2021833290098020580\" target=\"_blank\" rel=\"nofollow\">data<\/a> highlighted by Arkham, the latest monthly tranche involved the transfer of roughly $15.60 million in Solana (SOL) to 25 separate addresses. <\/p>\n<p>The movement forms part of a structured distribution program that has been ongoing for 21 months following the collapse of FTX and its trading arm, Alameda Research.<\/p>\n<p>Despite the steady outflows, Alameda\u2019s on-chain wallets still hold approximately $314.95 million worth of SOL, keeping the estate among the largest known holders of the token tied to the defunct exchange empire.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Alameda Research crypto holdings | Source: Arkham<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Market impact questions resurface<\/h2>\n<p>The renewed transfers have reignited debate over whether these distributions ultimately translate into sell pressure on the open market. <\/p>\n<p>Arkham raised the question directly, asking whether the newly distributed SOL would be \u201cSOLd straight into the market,\u201d a concern that has repeatedly surfaced during prior repayment rounds.<\/p>\n<p>While the latest tranche is relatively modest compared to Alameda\u2019s historical holdings, traders remain sensitive to any supply overhang tied to creditor payouts, particularly during periods of broader market volatility.<\/p>\n<p>Solana\u2019s native token has been volatile in recent months, trading near the low-to-mid $80s to low $90s range after pulling back from higher levels seen in 2025.<\/p>\n<h2 class=\"wp-block-heading\">Where Alameda\u2019s SOL went<\/h2>\n<p>Additional context was provided by analyst Emmet Gallic, who traced the fate of the bulk of Alameda and FTX\u2019s Solana holdings. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">FTX\/Alameda&#8217;s Solana \u2013 where did 43 million <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a> go?<\/p>\n<p>Most of the SOL was sold OTC across 3 tranches in 2024:<\/p>\n<p>\u2013 26M SOL at $64 (Galaxy, Pantera, Jump, Multicoin) <br \/>\u2013 14M SOL at $95 (Pantera-led consortium) <br \/>\u2013 2M SOL at $102 (Figure Markets, Pantera)<\/p>\n<p>Since then\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/wpINMLh7Cz\">pic.twitter.com\/wpINMLh7Cz<\/a><\/p>\n<p>\u2014 Emmett Gallic (@emmettgallic) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/emmettgallic\/status\/2021657456653590755?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to the analysis, roughly 43 million SOL was largely sold through over-the-counter deals across three major tranches in 2024, limiting direct market disruption.<\/p>\n<p>Those sales included 26 million SOL at $64 to buyers such as Galaxy, Pantera, Jump, and Multicoin; 14 million SOL at $95 through a Pantera-led consortium; and a further 2 million SOL at $102 involving Figure Markets and Pantera.<\/p>\n<p>Since those OTC sales, remaining SOL distributions have been handled gradually, suggesting a continued effort to balance creditor repayments with market stability. Still, with more than $300 million in SOL left on-chain, Alameda-linked movements are likely to remain a point of close scrutiny for Solana traders in the months ahead.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alameda Research\u2019s bankruptcy estate has distributed another $15 million worth of Solana to creditors, extending a repayment process that has now been running for nearly two years. Summary Alameda Research\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21927"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21927\/revisions"}],"predecessor-version":[{"id":21928,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21927\/revisions\/21928"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1079"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}