FTX/Alameda releases 200000 SOLs from pledge and transfers out a total of 107 million SOLs
According to on chain analyst Yu Jin's monitoring, FTX/Alameda transferred 200000 SOLs (approximately $130 million) to multiple addresses, which subsequently transferred SOLs to Coinbase or Binance. Since November 2023, FTX/Alameda pledged addresses have cumulatively released and transferred 107 million SOLs, valued at approximately $1.407 billion, with an average transfer price of approximately $130.9. At present, there are still 298 million SOLs (approximately 200 million US dollars) in the pledged addresses.