According to on-chain analyst Ember, 178,631 SOL ($28 million) redeemed by FTX/Alameda yesterday was distributed to 20 addresses 8 hours ago. Of these, 113,515 SOL ($17.59 million) have flowed into
Coinbase and Binance.
The current FTX/Alameda SOL transfer rule is to redeem about 170,000 SOL on the 12th-15th of each month and distribute it to 20 addresses. Then most of the SOL flows into
Coinbase and Binance.