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FTX/Alameda Transfers 1M SOL Unstaked in 5 Hours; 10.75M SOL Moved Since November 2023

GateNews
Capital FlowOn-Chain Data
SOL2.61%

According to ChainCatcher, citing on-chain analyst Ember, FTX/Alameda unstaked and transferred 1 million SOL (approximately $13.01 million) to multiple addresses 5 hours ago on June 12. These addresses typically route the SOL to Coinbase or Binance.

Since November 2023, the staking address has cumulatively unstaked and transferred 10.75 million SOL valued at approximately $1.407 billion, with an average transfer price of $130.9 per SOL. The address currently retains 2.985 million SOL (approximately $200 million) in staking.

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