• FTX/Alameda’s $1B SOL unstaking signals potential market volatility for Solana.
• SOL’s $134 support, $135.05 resistance key in shaping near-term price movement.
• Neutral RSI and MACD below signal line suggest potential short-term price decline.

FTX and Alameda Research have unstaked a massive amount of Solana ($SOL) — over $1 billion worth — in the past three months. According to Lookonchain data, this significant unstaking activity involves 530,000 $SOL valued at $71 million, spread across multiple addresses.

On average, these entities have unstaked roughly 176,700 $SOL per month, equivalent to $23.5 million. FTX/Alameda still holds a sizable 7.06 million $SOL, valued at approximately $945.7 million.

This substantial unstaking could influence Solana’s current market dynamics. At press time, Solana’s price sits at $134…

The post FTX and Alameda Unstake Over $1 Billion in Solana, Impacting SOL Price appeared first on Coin Edition.

• FTX/Alameda’s $1B SOL unstaking signals potential market volatility for Solana.
• SOL’s $134 support, $135.05 resistance key in shaping near-term price movement.
• Neutral RSI and MACD below signal line suggest potential short-term price decline.

FTX and Alameda Research have unstaked a massive amount of Solana ($SOL) — over $1 billion worth — in the past three months. According to Lookonchain data, this significant unstaking activity involves 530,000 $SOL valued at $71 million, spread across multiple addresses.

On average, these entities have unstaked roughly 176,700 $SOL per month, equivalent to $23.5 million. FTX/Alameda still holds a sizable 7.06 million $SOL, valued at approximately $945.7 million.

This substantial unstaking could influence Solana’s current market dynamics. At press time, Solana’s price sits at $134…

The post FTX and Alameda Unstake Over $1 Billion in Solana, Impacting SOL Price appeared first on Coin Edition.