FTX/Alameda redeemed and transferred out $34.09 million of SOL 6 hours ago, leaving approximately $829 million of SOL staked.

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PANews
08-12
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PANews reported on August 12 that according to Ember monitoring, the FTX/Alameda pledge address redeemed and transferred out 190,000 SOL worth approximately $34.09 million in the past 6 hours, distributed to 29 addresses.

Historical records show that most receiving addresses will subsequently transfer SOL to Coinbase or Binance. Since November 2023, FTX/Alameda has cumulatively redeemed and transferred out 8.788 million SOL, with a total value of approximately $1.159 billion, at an average transfer price of $132 per SOL. Currently, its pledge address still has 4.727 million SOL (approximately $829 million) in a staked state.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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