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Coin Edition 2024-09-12 06:37:51

Solana Price at Risk as Alameda Unloads $24M in SOL Tokens

Alameda Research, the bankrupt sister company of FTX, has transferred significant amounts of cryptocurrency to leading exchanges; Binance and Coinbase. Blockchain analytics platform PeckShield highlighted these transactions, which involved multiple altcoins; most notable, the redemption of 177.7K SOL tokens, worth $24.11 million, suggesting a crash in the price of the digital asset if it sells The post Solana Price at Risk as Alameda Unloads $24M in SOL Tokens appeared first on Coin Edition .

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