The giant whale is moving again, is the liquidity pressure on SOL increasing?
FTX-related addresses just redeemed 188,000 SOL and distributed it to 30 addresses, possibly a prelude to entering the market.
They have cashed out 1.094 billion worth of SOL since last year, with an average price of 130.
Currently, there are still 726 million worth of SOL staked on-chain.