Altcoins News
By MikeT
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The Unstaking Event: What Happened?. On-chain data provided by Arkham Intelligence confirms that Alameda Research has been actively…
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A History of Large Movements. Since the FTX collapse, Alameda has moved significant amounts of crypto, particularly Solana.
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Why Didn’t Solana’s Price React?. What is particularly puzzling to market participants is how Solana’s price has remained relatively…
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What’s Next for Alameda and Solana?. Despite the lack of immediate market reaction, the question on everyone's mind is: What comes next…
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The Bigger Picture: The FTX Saga Continues. For now, this move is just another chapter in the ongoing saga of FTX’s downfall and the…
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Conclusion: Will a Sell-Off Occur?. The latest development with Alameda’s unstaked Solana tokens has left many crypto enthusiasts…
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Alameda Research has unstaked $23 million worth of Solana (SOL), raising discussions about whether a significant sell-off is imminent.
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On-chain data provided by Arkham Intelligence confirms that Alameda Research has been actively managing a substantial amount of Solana (SOL).
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However, despite this major transfer, Solana's price has largely remained unaffected. The recent unlock is part of a broader trend following the FTX collapse in late 2022, where…
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Since the FTX collapse, Alameda has moved significant amounts of crypto, particularly Solana. From November 2023 to the present, the firm has moved a staggering 7.
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In addition to this, the ongoing process of reimbursing FTX creditors has resulted in the release of over $1.57 billion worth of Solana tokens into circulation.
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What is particularly puzzling to market participants is how Solana’s price has remained relatively stable despite the significant $23 million worth of SOL being unlocked.
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For example, earlier in 2023, when Alameda transferred $14.75 million worth of Ethereum (ETH), the price of ETH surged by about 10%.
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There are several possible explanations for this muted response. One key factor is the current state of the broader cryptocurrency market, which has been experiencing a generally…
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During periods of heightened fear, there are often significant outflows of capital from major cryptocurrencies, including Solana.
The Currency Analytics
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