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FTX/Alameda redeemed $35.52 million of SOL an hour ago, possibly to pay compensation to creditors. - CoinFeed
Time 06:09

FTX/Alameda redeemed $35.52 million of SOL an hour ago, possibly to pay compensation to creditors.

August 11, 2025
CoinFeed News

According to @ai_9684xtpa, FTX/Alameda redeemed 190,832.4 SOL from staking accounts an hour ago, valued at $35.52 million. Based on previous on-chain transactions, this amount will likely be transferred to Bitgo in the near future, possibly to compensate creditors of the bankrupt FTX.

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