FTX/Alameda Unstakes and Transfers Over 188,000 SOL Worth $31.5M Amid Massive $1.09B SOL Outflows Since November 2023

According to on-chain data analyst Yu Jin, the FTX/Alameda wallet recently moved 188,000 unstaked SOL tokens, valued at around $31.5 million, distributing them across 30 separate addresses. This transaction, observed 7 hours ago, aligns with a pattern where most recipients subsequently transfer their SOL holdings to major exchanges such as Coinbase and Binance. Since November 2023, the FTX/Alameda staking address has systematically unstaked and transferred a total of 8.407 million SOL, equivalent to approximately $1.094 billion, maintaining an average transfer price near $130 per SOL. Despite these significant outflows, the staking address still retains a substantial balance of 5.046 million SOL, valued at roughly $726 million. This ongoing activity highlights a strategic liquidity management approach within the FTX/Alameda ecosystem, reflecting broader market dynamics in the Solana staking landscape.