🚀On-chain analyst Yu Jin monitored that FTX/Alameda's SOL staking address H4y...gFZ redeemed 178,631 SOL (about 28 million US dollars) 4 hours ago. According to previous transfer records, these SOL will be distributed to multiple addresses, most of which may flow into Coinbase or Binance.

Interestingly, their SOL transfers are very regular, redeeming and transferring out about 170,000 SOL from the 12th to the 15th of each month. Currently, the H4y...gFZ address still has 7.09 million SOL (about 1.107 billion US dollars) in staking.

What do you think of this transfer pattern? Let's talk about it in the comment section! 💬