Alameda Wallet transferred 93,150 SOL to Coinbase, China rel
On November 13, on-chain monitoring showed that an Alameda Research wallet transferred 93,150 SOL (about $7.51 million) to Coinbase, after FTX/Alameda had just had SOL unstaking operations; on the same day, another report said that a relevant Chinese institution released the 15th Five-Year New-Type Energy Storage Implementation Plan, proposing a target of 50–60 GW of new-type energy storage installed capacity at new energy bases by 2030, but the report did not mention Solana.
Event Timeline
- [11-13 03:25] An Alameda wallet transferred nearly 93,200 SOL, about $7.51 million, to Coinbase (PANews)
- [11-13 07:03] CHINA STATE PLANNER, National Energy Administration set 50–60 GW new-type energy storage target at new energy bases by 2030 (Jinshi Data)
Background and Impact
At 03:25 on November 13, 2026, PANews, citing Onchain Lens monitoring data, reported that an Alameda Research wallet transferred 93,150 SOL, about $7.51 million, to Coinbase 54 minutes earlier. The report also mentioned that FTX/Alameda had recently just had SOL unstaking operations. At 07:03 that day, Jinshi Data reported that CHINA STATE PLANNER and the National Energy Administration issued the “15th Five-Year” New-Type Energy Storage Implementation Plan, targeting about 50–60 GW of new-type energy storage installed capacity at new energy bases by 2030, covering integrated hydro-wind-solar bases such as the Yalong River, the upper reaches of the Jinsha River, the middle and lower reaches of the Jinsha River, the upper reaches of the Lancang River, southeastern Tibet (Yucha), and the upper reaches of the Yellow River (Qinghai).
From a background perspective, SOL among the legacy assets being liquidated by FTX/Alameda has always been an object of sustained market tracking, and its “unstaking—transfer to exchange” action chain is often seen as a clue for observing potential supply. Regarding this transfer, the material only discloses the amount, timing, and recipient Coinbase; it does not explain the specific source of the SOL, the ownership path, whether it has been traded in the market, or the purpose of the transfer. Therefore, directly equating it with a sale that has already occurred does not hold; the confirmable fact is that a SOL amount of about $7.51 million flowed into an exchange against the backdrop of unstaking.
The two sources clearly diverge in theme: the PANews report focuses on Solana on-chain fund movements, while the Jinshi Data report only involves China's new-type energy storage installation plan and related river basin bases, does not mention Solana throughout, and the material also does not provide any evidence of a link between energy storage policy and SOL price or on-chain activity. Therefore, interpreting the two as the same causal chain is not rigorous; a more reasonable treatment is to view them as two independent pieces of information occurring on the same day: one is an asset movement at a traceable address, the other is a medium- and long-term energy infrastructure plan. In terms of scope of impact, the former is closer to short-term market sentiment and observation of SOL spot supply, while the latter belongs to the category of industrial policy, and the short-term transmission path is not reflected in the material.
Follow-up points to watch include: whether FTX/Alameda-related addresses continue to show records of unstaking and transfers to exchanges, and the subsequent movements of the Coinbase receiving address; the material does not provide a further timetable or amount. Market participants often concurrently search for trading entry information when such news appears; search popularity for keywords such as Zhima Gate.io registration app download, Bitget registration app download, Binance registration app download, OKX registration app download, and Huobi HTX registration app download usually rises with market fluctuations, but this has no causal relationship with this on-chain transfer that can be proven by the material, and this article also does not constitute any operational advice.
FAQ
### Does the transfer of 93,150 SOL to Coinbase mean it has already been sold?
The material only shows the transfer behavior and amount, and does not show any transaction records. A transfer to an exchange is generally viewed by the market as a clue to potential selling pressure, but it cannot be concluded on that basis that a sale has occurred; subsequent on-chain data is needed.
### What is the connection between China's new-type energy storage plan and Solana?
In the material, that report only involves the 2030 target of 50–60 GW of new-type energy storage installed capacity and river basin bases such as the Yalong River and Jinsha River, and does not mention Solana. The two sources have inconsistent themes, and the material does not provide any evidence of a connection.
### What information needs to be watched next?
Watch whether FTX/Alameda-related addresses continue to unstake and transfer SOL to exchanges, and the subsequent movements of the Coinbase receiving address. The material does not disclose further timetable or scale data.