PANews reported on September 12th that according to Ember, FTX/Alameda redeemed 192,000 SOL (approximately $ 43.56 million) from staking seven hours ago. The redemption is expected to be distributed to multiple addresses, with the majority subsequently transferred to Coinbase or Binance . Since November 2023 , this staking address has redeemed and transferred out a total of 8.98 million SOL (approximately $ 1.202 billion), leaving 4.184 million SOL (approximately $ 960 million) currently staked.