FTX/Alameda Unstaked and Transferred Another 200,000 SOL Tokens, Bringing Total Transfers to 10.75 Million SOL

TechFlow News, June 12: According to on-chain analyst Ember (@EmberCN), FTX/Alameda withdrew 200,000 SOL (approximately $13.01 million) from staking and transferred it to multiple addresses five hours ago. Most of these addresses subsequently transferred the SOL to Coinbase or Binance.

Since November 2023, FTX/Alameda’s staking addresses have collectively redeemed and withdrawn 10.75 million SOL via similar methods, amounting to approximately $1.407 billion at the average withdrawal price of roughly $130.9 per SOL. Currently, 2.985 million SOL (approximately $200 million) remain staked in their staking addresses.