FTX transferred out 181,232 SOL ($41.67M) during the December SOL unloading

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Dec 11, 20:50

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FTX transferred out 181,232 SOL ($41.67M) during the December SOL unloading

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Related addresses

FTX: SOL staking wallet H4yiP

Total tokens transferred

181.232K

SOL

FTX just unstaked and sent another 181,232 SOL ($41.67M) to 20 wallet addresses, likely for upcoming deposits to Coinbase and Binance:

FTX's SOL staking wallet address: H4yiPhdSsmSMJTznXzmZvdqWuhxDRzzkoQMEWXZ6agFZ

Overall, since November 2023, FTX has unstaked and offloaded a total of 4.262M SOL ($484.5M) to Coinbase and Binance at an average price of $113.6 using the above method.

Currently, FTX still has 6.616M SOL ($1.5B) staked at the above address. With the current offloading frequency of around 170K SOL per month, it would take FTX around 3.24 years to fully liquidate these remaining tokens.

Fig 1. FTX has unstaked and transferred 4.262M SOL ($484.5M) out since November 2023.

#ftx

#sol

#solana

#unstake

#deposit

#binance

#coinbase

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FTX transferred out 181,232 SOL ($41.67M) during the December SOL unloading

Last synced: Dec 12, 05:05

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