FTX unstaked and transferred out 182,422 SOL ($33.18M)

Language

English

Dark mode

Jan 13, 21:57

SOC Team

FTX unstaked and transferred out 182,422 SOL ($33.18M)

Outflow

Related addresses

FTX: SOL staking wallet H4yiP

Total tokens transferred

182.422K

SOL

FTX just unstaked and sent 182,422 SOL ($33.18M) 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 4.445M SOL ($517M) to Coinbase and Binance at an average price of $116.2 using the above method.

Currently, FTX still has 6.47M SOL ($1.18B) staked at the above address. With the current offloading frequency of around 170K SOL per month, it would take FTX over 3 years to fully liquidate these remaining tokens.

Fig 1. The latest 2 SOL unstaking events by FTX.

#ftx

#alameda

#unstake

#deposit

#sol

#solana

#monthly

Related visualizers

FTX unstaked and transferred out 182,422 SOL ($33.18M)

Last synced: Jan 14, 09:46

Related signals

2025 Jan 23 - 12:30

Whale further withdrew 82,171 SOL ($20.06M) from Binance

Whale 7KhkQ just further withdrew 82,171 SOL ($20.06M) from Binance in the past hour, bringing its 3-day total accumulation to 127,821 SOL at an average price of $250.79.

2025 Jan 16 - 14:04

Big whale withdrew $87.6M worth of 7 top-cap coins

Multi-signature wallet 0xCAd made a significant withdrawal totaling $87.6M across 7 top-cap coins, including XRP, ADA, WSOL, DOGE, ETH, USDT, and USDC within 24 hours. Notably, this wallet's first transaction was from a BingX deposit address.

2025 Jan 03 - 16:58

Whale further withdrew 85,500 SOL ($18.61M) from Binance

Whale FFDAa withdrew 85,500 SOL ($18.61M) from Binance in the past 50 minutes, bringing its 2-day total accumulation to 132,300 SOL at an average price of $214 (estimated cost: $28.13M). Notably, the 10M PNUT (~1% of supply) the whale withdrew 5 days ago is up $1.27M (+21%)!

+3