On-chain analyst Lookonchain tweeted, "FTX, Alameda Research repaid 178,631 SOL (worth $28 million) from known Solana (SOL) staking addresses (starting with H4y) 4 hours ago. Most of them are going to Coinbase, Binance." He further added, "This address repays ~170k SOL every 12~15th of the month and currently holds ~7.09 million SOL (worth $1.107 billion)." FTX and Alameda Research are two of the largest players in the cryptocurrency ecosystem. FTX is a cryptocurrency exchange, while Alameda Research is a quantitative trading firm. The recent repayment of SOL by these two entities is a sign that they are continuing to operate despite the recent market downturn. The repayment of SOL by FTX and Alameda Research is also a sign that they are confident in the long-term prospects of the Solana blockchain. Solana is a high-performance blockchain that has been gaining popularity in recent months. It is used by a variety of projects, including decentralized finance (DeFi) protocols and non-fungible tokens (NFTs).