PANews reported on June 12 that, according to on-chain analyst Yu Jin, FTX/Alameda transferred 200,000 SOL (US$13.01 million) redeemed from staking to multiple addresses five hours ago. Most of these addresses will subsequently transfer the SOL to Coinbase or Binance. Since November 2023, FTX/Alameda has redeemed and transferred a total of 10.75 million SOL (US$1.407 billion) through this method, with an average transfer price of US$130.9. Currently, 2.985 million SOL (US$200 million) remain staked.