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FTX/Alameda has once again redeemed 192,000 SOL from staking, expected to be sold on a CEX after distribution

By: theblockbeats.news|2025/09/12 01:02:19

BlockBeats News, September 12th. According to on-chain data analyst Yu Jin's monitoring, FTX/Alameda redeemed 192,000 SOL (approximately $43.56 million) from staking 7 hours ago, and it is expected to be distributed to multiple addresses later today as usual. The majority of the addresses receiving SOL are expected to further transfer the SOL to Coinbase or Binance.
Since November 2023, FTX/Alameda's staking address has redeemed and transferred a total of 8.98 million SOL (approximately $1.202 billion) through this method, with an average transfer price of $134.

Currently, FTX/Alameda's staking address still has 4.184 million SOL (approximately $960 million) being staked.

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