Why FTX and Alameda Just Staked 20,736 Ethereum — And What It Means for You Before the Creditors Cash In
The move follows ETH withdrawals by defunct crypto trading firms earlier this year. Between December 17, 2024, and January 9, 2025, FTX and Alameda withdrew about 21,650 ETH from Bybit.
FTX/Alameda staked 20,736 $ETH($79M) an hour ago.
Between Dec 17, 2024, and Jan 9, 2025, FTX/Alameda withdrew 21,650 $ETH($75.3M) from #Bybit at an average price of $3,478.https://t.co/RBSW7DEx21 pic.twitter.com/5E0ku6WGni
— Lookonchain (@lookonchain) July 31, 2025
The entities previously unstaked over 3 million Solana tokens worth approximately $431 million in March, marking their largest unstaking event since beginning token sales in November 2023. Following the action, around 25,000 Solana tokens valued at roughly $3.3 million were moved to Binance.
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