Massive SOL Dump Incoming by FTX?

🔴 Yesterday, FTX/Alameda redeemed 178,631 $SOL (worth $28M) and distributed them to 20 different addresses 8 hours ago.

Out of this, 113,515 $SOL ($17.59M) have been transferred to Coinbase and Binance.

🔴 Current SOL transfer pattern by FTX/Alameda:

➲ Around 170,000 $SOL are redeemed between the 12th to 15th of each month.

➲ These are then distributed across 20 addresses.

➲ Most of the sol eventually flows into #Coinbase and #Binance #WeAllAreSatoshi