FTX and Alameda redeemed nearly 193,000 SOL, moving them across multiple addresses, with most tokens later transferred to Coinbase or Binance, reflecting ongoing liquidation.
FTX and Alameda Research redeemed 192,900 SOL worth approximately $39.41 million from staking, distributing the funds across 28 addresses, many of which later sent the tokens to Coinbase or Binance. Since November 2023, the address involved has redeemed and transferred 9.173 million SOL valued at $1.85 billion, averaging $135 per token. Despite substantial liquidations, 4.41 million SOL worth about $890 million remains staked.