FTX Wallet Redemption, SOL Price Remains Stable
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Crypto exchange FTXCoinGape
•FTX Ready to Dump 177,693 Solana Coins After Recent Staking Unlock
71% Informative
Cryptocurrency wallet H4ygFZ , reportedly belonging to FTX/Alameda or affiliated with them, has redeemed 177,693 Solana tokens from the solana Proof-of-Stake (PoS) network.
FTX wallet still holds 7.057 million SOL worth $943 million in staking.
A large part of FTX 's SOL holdings may have already been sold through over-the-counter (OTC) transactions.
SOL price continues to remain firm and is still trading 1.93% up at $ 135 with a market cap of $63.57 billion .
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