PANews reported on March 13 that according to monitoring by on-chain analyst Ember, FTX/Alameda redeemed 185,000 SOL (about 22.89 million US dollars) from pledge 6 hours ago, and then distributed it to 38 addresses, most of which eventually transferred SOL to Coinbase and Binance.

Since November 2023, the FTX/Alameda staking address has redeemed and transferred a total of 7.845 million SOL (approximately US$1.009 billion) through similar methods, with an average transfer price of US$128.

Currently, the FTX/Alameda staking address still holds 5.502 million SOL (approximately US$694 million) and is still in the staking status.