FTX and Alameda Research, both now bankrupt, still hold millions of Solana (SOL) tokens. The gradual liquidation of these holdings has become a closely watched event in the crypto market due to its potential impact on SOL's price.
How Large Is FTX/Alameda's SOL Position Now?
As of August 11. 2025. the estate unstaked 190.821 SOL but still holds about 4.34 million SOL in staking. This is a fraction of the roughly 41 million locked SOL they controlled in early 2024.
How Are the Tokens Being Sold?
Most of these tokens are locked under a four-year vesting schedule. The estate sells them gradually through private auctions, often to major firms like Galaxy Digital and Pantera Capital, and usually at significant discounts to market price.
Why Does This Matter for the SOL Market?
Large token sales can create selling pressure, influencing market sentiment. Traders track unstaking and transfer activity from FTX wallets to exchanges, as these movements can signal upcoming supply increases.
Conclusion
Knowing how much SOL does FTX/Alameda hold helps traders anticipate potential market moves. While the bulk of tokens are locked, ongoing sales will likely remain a factor in SOL's price dynamics for years.
