FTX Unstakings Total $455M SOL Since November of Last Year

SpotOnChain reports via X that "FTX has unstaked 426.3 million SOL ($454.8 million) since November of last year and deposited it into Coinbase and Binance. The average selling price is $106.68. FTX currently holds 6.61 million SOL and plans to unstake about 170,000 SOL per month. Despite this selling, the SOL price has remained stable."

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