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FTX/Alameda unstaked and transferred out another 190,000 SOL
5hours ago

According to on-chain analyst Yu Jin, FTX/Alameda distributed 190,000 SOL (approximately $34.09 million) redeemed from staking to 29 addresses six hours ago. Historical data indicates that most of this redemption will flow to Coinbase or Binance. Since November 2023, this staking address has redeemed and transferred out a cumulative 8.788 million SOL (approximately $1.159 billion) at an average price of approximately $132. Currently, 4.727 million SOL (approximately $829 million) remains staked.

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