PANews reported on February 12 that according to EmberCN monitoring, FTX/Alameda redeemed 184,162 SOL (about 37.73 million US dollars) from the pledge in the past 6 hours and distributed it to 23 addresses.

Since November 2023, FTX/Alameda has redeemed and transferred a total of 4,629,000 SOL (about US$555 million) through similar operations, with an average transfer price of US$120. Most of these SOLs flowed to Coinbase and Binance.

Currently, there are still about 6.338 million SOL (about US$1.25 billion) in the FTX/Alameda staking address.