FTX/Alameda Unbonds 3.03 Million SOL Worth $4.31 Billion, Transfers $3.38 Million to Binance

COINOTAG reported on March 4th that, as per monitoring conducted by LookIntoChain, FTX/Alameda has executed the unbonding of 3.03 million SOL, equating to roughly $4.313 billion. This substantial transaction highlights ongoing shifts within the crypto market. Furthermore, it has been noted that a portion of this unbonded SOL, specifically 24,799 SOL valued at approximately $3.38 million, has been transferred to Binance. Such movements are crucial as they can influence market liquidity and trader activity, potentially impacting price trends for SOL and related assets. Monitoring these activities is essential for investors seeking to stay informed in this rapidly evolving digital currency landscape.