Odaily Planet Daily Latest News! On-chain analyst Yu Jin discovered that FTX/Alameda redeemed 179,800 SOL from staking yesterday, worth about $39.21 million, and transferred these SOL to 20 different addresses in just 2 hours. Most of the SOL is expected to flow into Coinbase and Binance. Nevertheless, FTX/Alameda's SOL staking address still holds 6.764 million SOL (about $1.428 billion) in staking status. 💰

This large-scale transfer has attracted widespread attention from the market. Despite overall volatility in the crypto market, Bitcoin continues to show strong resilience, which is promising! 🚀