FTX/Alameda is releasing SOLs pledged over $1 billion
According to Lookonchain, FTX/Alameda is releasing more than $1 billion worth of SOL. Over the past three months, FTX/Alameda has released 530,000 SOL ($71 million) and moved them to multiple addresses, averaging 176,700 SOL ($23.50 million) per month.
FTX/Alameda still has 7.06 million SOL ($945.70 million) pledged.