FTX/Alameda distributed 190,000 SOL to 29 addresses, with the majority flowing into CEX.

By: theblockbeats.news|2025/08/12 09:22:03
0
Share
copy

BlockBeats News, August 12th, according to EmberCN monitoring, FTX/Alameda redistributed 190,000 SOL (approximately $34.09 million) withdrawn from staking to 29 addresses 6 hours ago. Based on previous records, most of the addresses receiving SOL are expected to further transfer the SOL to Coinbase or Binance.

Since November 2023, the FTX/Alameda staking address has redeemed and transferred a total of 8,788,000 SOL (approximately $1.159 billion) through the aforementioned method, with an average transfer price of $132.

Currently, the FTX/Alameda staking address still has 4,727,000 SOL (approximately $829 million) staked.

-- Price

--

You may also like

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Popular coins

Latest Crypto News

Read more