PANews reported on December 12 that, according to on-chain analyst Ember, FTX/Alameda redeemed 194,800 SOL tokens (US$25.52 million) from staking and then distributed them to 26 addresses four hours ago. Most of these addresses that received the SOL will subsequently transfer the SOL to Coinbase or Binance.

Since November 2023, the FTX/Alameda staking address has redeemed and transferred a total of 9.562 million SOL (US$1.298 billion) through the above method, with an average transfer price of US$135.8.

Currently, there are 4.07 million SOL (US$555 million) staked in the FTX/Alameda staking address.