According to Jinse Finance, on-chain analyst Yu Jin monitored that FTX/Alameda redeemed 194,800 SOL tokens (worth $25.52 million) from staking and distributed them to 26 addresses four hours ago. Most of these addresses receiving the SOL will subsequently transfer the tokens to Coinbase or Binance.
FTX/Alameda redeemed 194,800 SOL tokens and distributed them to 26 addresses, worth $25.52 million.
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Source:KuCoin News
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