FTX/Alameda has redeemed 192,900 SOL, valued at approximately $39.41 million, from staked funds and distributed them to 28 different addresses, according to on-chain analyst Ember. The majority of these addresses are expected to transfer the SOL to major exchanges like Coinbase and Binance. Since November 2023, FTX/Alameda has redeemed and transferred a total of 9.173 million SOL, worth $1.85 billion, with an average transfer price of $135. Currently, 4.41 million SOL, valued at $890 million, remain staked on FTX/Alameda addresses.