PANews reported on November 13 that according to the monitoring of on-chain analyst @EmberCN, the SOL staking address of FTX/Alameda redeemed 179,800 SOL (US$39.21 million) from the staking yesterday, and then transferred these SOL to 20 addresses 2 hours ago. Most of these SOL will flow into Coinbase and Binance.

It is reported that FTX/Alameda transfers a batch of SOL every month. At present, there are 6.764 million SOL (US$1.428 billion) in the SOL pledge address of FTX/Alameda.