PANews reported on April 12 that according to on-chain analyst Yu Jin’s monitoring, FTX/Alameda has a fixed SOL transfer time around the 10th of each month: 6 hours ago, 186,000 SOL (21.56 million US dollars) redeemed from staking was distributed to 22 addresses. According to previous records, most of the addresses that received SOL will subsequently transfer SOL to Coinbase or Binance.

Since November 2023, the FTX/Alameda staking address has redeemed and transferred out 8.031 million SOL (US$1.03 billion) in the above way, with an average transfer price of US$128.3. Currently, the FTX/Alameda staking address still has 5.359 million SOL (US$645 million) staked.