It's that time of month again for FTX/Alameda's regular SOL transfer out period around the 10th of each month.
They redeemed 194,800 SOL ($25.52 million) from their staking and then distributed them to 26 addresses four hours ago. Most of these recipients will subsequently transfer their SOL to Coinbase or Binance.
Since November 2023, FTX/Alameda staking addresses have cumulatively redeemed and transferred 9.562 million SOL ($1.298 billion) using this method, with an average transfer price of $135.8.
Currently, FTX/Alameda staking addresses still have 4.07 million SOL ($555 million) staked.
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