ChainCatcher message, blockchain data monitoring platform Spot on Chain report shows that since November 2023, FTX has transferred a total of 4.263 million SOL to Binance and Coinbase through 20 transit addresses, with an average transfer price of $106.68 per token. This dynamic has raised market concerns about the liquidity of SOL.

Currently, FTX still holds 6.617 million SOL, worth about $1.53 billion, and plans to unstake approximately 170,000 SOL each month. This plan may impact the market supply of SOL, which investors should closely monitor.