Alameda-linked wallet sends $7.5 million in SOL to Coinbase

An Alameda-linked wallet transferred 93,150 SOL, worth about $7.5 million, to Coinbase on Nov. 13, 2026. The transfer followed the unstaking of 204,044 SOL valued at roughly $16.9 million.

The unstaked tokens came from an account under BitGo custody and were sent to a wallet identified as possibly connected to FTX and Alameda before the Coinbase transfer.

A deposit to Coinbase does not confirm that the tokens were sold. Coinbase provides institutional custody services, so the transaction could involve custody or other asset-management activity. No evidence has linked the transfer to a liquidation plan.

FTX- and Alameda-linked wallets have previously transferred SOL after large unstaking transactions. Some earlier transfers were associated with over-the-counter trades, creditor distributions or other asset-management activity. Those transactions do not establish the purpose of the latest transfer.

The FTX estate has been managing its remaining cryptocurrency assets during bankruptcy proceedings and creditor repayment efforts. Additional wallet activity or records of executed trades would be needed to determine whether the 93,150 SOL was sold.

SOL was trading at about $79.72 at the time of the report, down roughly 4% over 24 hours, 15% over seven days and 25% over 30 days. No sale has been confirmed in connection with the Coinbase deposit.

Reviewed and fact-checked by Alex Panasenko on November 13.