FTX/Alameda redeems and transfers millions of SOL tokens regularly. Over 4.4 million SOL redeemed since November 2024, worth $516.88 million. FTX/Alameda’s staking address holds over 6.7 million SOL, valued at $1.43B. FTX/Alameda continues to redeem and transfer large amounts of Solana (SOL) from its staking address. Just three hours ago, roughly 182,421 SOL (worth about $32.35 million) were redeemed and sent to 20 different addresses. This follows a pattern of similar monthly activity over the past year, with FTX/Alameda redeeming and transferring millions of SOL tokens regularly. Source: X Since November 2024, FTX/Alameda’s staking address has redeemed 4.445 million SOL tokens, worth roughly $516.88 million. The average transfer price for these tokens is about $116.2 each. The address currently holds 6.47 million SOL (valued at $1.18 billion) staked in the system. These tokens move at regular intervals, mainly around the 12th to the 15th of each month, with amounts approaching 170,000 SOL. And in December 2024, FTX/Alameda redeemed and transferred 181,232 SOL (worth $41.46 million) to 20 different addresses. This latest transfer adds to th… The post FTX/Alameda Redeems Over 4M SOL Tokens: A Closer Look at Transfers appeared first on Coin Edition .
