Crypto wallets linked to the Alameda Research bankruptcy estate were observed unstaking 201,741 Solana (SOL) tokens worth approximately $15.27 million on Wednesday, August 12, 2026.
According to on-chain monitoring data from Arkham Intelligence, the staking position, which was initially established five years ago, recorded a substantial increase in value amid the growth of the Solana ecosystem and the accumulation of staking rewards.
More specifically, the wallet’s original allocation five years ago consisted of 164,384 SOL, valued at approximately $351,960 at the time. Over the five-year staking period, the position generated an additional 37,357 SOL in staking rewards, currently worth around $2.83 million.
Combined with SOL’s significant price appreciation over the period, the total value of the position increased several dozen times, reaching approximately $15.27 million.
Around 10 hours after the unstaking process was completed, wallets associated with FTX/Alameda Research transferred the entire balance of approximately 201,780 SOL, worth roughly $15.2 million, to multiple BitGo custodial wallet addresses.
The funds were split across more than a dozen BitGo Custody addresses, potentially indicating an asset consolidation process ahead of a possible over-the-counter (OTC) sale as part of the bankruptcy estate’s asset liquidation process. #solana $BTC $SOL
According to on-chain monitoring data from Arkham Intelligence, the staking position, which was initially established five years ago, recorded a substantial increase in value amid the growth of the Solana ecosystem and the accumulation of staking rewards.
More specifically, the wallet’s original allocation five years ago consisted of 164,384 SOL, valued at approximately $351,960 at the time. Over the five-year staking period, the position generated an additional 37,357 SOL in staking rewards, currently worth around $2.83 million.
Combined with SOL’s significant price appreciation over the period, the total value of the position increased several dozen times, reaching approximately $15.27 million.
Around 10 hours after the unstaking process was completed, wallets associated with FTX/Alameda Research transferred the entire balance of approximately 201,780 SOL, worth roughly $15.2 million, to multiple BitGo custodial wallet addresses.
The funds were split across more than a dozen BitGo Custody addresses, potentially indicating an asset consolidation process ahead of a possible over-the-counter (OTC) sale as part of the bankruptcy estate’s asset liquidation process. #solana $BTC $SOL