PANews reported on August 12 that, according to monitoring by Yu Jin, the FTX/Alameda staking address redeemed and transferred 190,000 SOL six hours ago, with a total value of approximately $34.09 million, 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 redeemed and transferred a total of 8.788 million SOL, with a total value of approximately $1.159 billion, at an average transfer price of $132 per SOL. Currently, their staking address still holds 4.727 million SOL (approximately $829 million) in a staked state.