The FTX/Alameda address has distributed 187,000 SOL redeemed from staking to 27 addresses early in the morning.

PANews reported on May 13 that according to on-chain analyst Yu Jin, the FTX/Alameda address transferred 187,000 SOL (approximately $3.22 million) redeemed from staking to 27 addresses 7 hours ago. According to previous records, most addresses receiving SOL will subsequently transfer it to Coinbase or Binance.

Since November 2023, the FTX/Alameda staking address has cumulatively redeemed and transferred out 8.218 million SOL (approximately $106.2 million) using the method above, with an average transfer price of $129. Currently, there are still 5.205 million SOL (approximately $89.3 million) staked in the FTX/Alameda staking address.