Zac_Decrypt

The $SOL event we have all been waiting for is approuching. We are all aware that $SOL has been enduring the Alameda/FTX bankcrupcy liquidation for years now, supressing the price as the court ordered sales progress. This $SOL has been used to pay back the FTX creditors in an unprecedented process. Well its nearly over.

Note: No other digital asset has endured this amount of court forced liquidation ever.

Note: Solana usage hits $1.1 trillion Q1 2026 an All Time High for any blockchain including Bitcoin and Ethereum.

Now understand, not all of the unstaked $SOL hits the open market immediately some goes to creditors (who may hold or sell), and sales are often handled via OTC or market makers to avoid heavy slippage. This creates a persistent but manageable supply overhang on SOL, which the market has largely absorbed so far without major crashes.

Note: But this has supressed $SOL price for years. This will slowly end as frontrunning begins.

As of mid-April 2026 Alameda Research (part of the FTX bankruptcy estate) still holds approximately 3.5–3.57 million $SOL.
This is valued at roughly $300 million. (todays price)
The estate recently unstaked and transferred 198,425 SOL ($16 million) to an FTX creditor distribution wallet on or around April 12–13, 2026. A similar 197,000 SOL ($17 million) move happened in March 2026.

These are part of a gradual, monthly unstaking/distribution process to repay FTX creditors (the estate has already returned billions, but ~$5.1 billion in claims remain outstanding). The remaining SOL is being released in controlled ~200k SOL batches to minimize market impact, rather than dumped all at once.

At this pace, it is roughly 12 months (late 2026) to fully unwind the position, depending on exact monthly amounts, SOL price, and bankruptcy timelines.

Understand as we approuch this cliff the price will explode. Once the cliff has passed you will see $SOL reach fundemental value based on its adoption and usage dominance.

Accumulate
#solanAnalysis #FTXbankruptcy

NFA