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Alameda Research moved $15M in Solana tokens to custody amid weak market momentum.

Market News
14 Jul 2026
AMBCrypto
View Source
Bearish
Alameda Research moved $15M in Solana tokens to custody amid weak market momentum.

Alameda Research transferred 201,000 Solana (SOL) tokens worth $15.14 million to BitGo Custody, signaling possible asset redistribution ahead of a Q3 creditor deadline. Despite this large transfer, Solana's price showed little reaction, trading around $75 with ongoing market weakness. Data indicates increased selling pressure and a bearish trend, with SOL likely to face further declines unless it closes above $78.62. Investors remain cautious as more tokens flow into exchanges, suggesting potential continued downside risk.

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