FTX redeems $65 million in SOL while maintaining a stake of $162 million!

FTX Cold Storage #2 has redeemed 1,600,645 SOL, valued at $65.46M, from staking as of Monday, leaving 3,963,725 SOL still staked at the address. The FTX/Alameda address has also transferred 1,259,886 SOL, worth $40.67 million, to a centralized exchange since 10/25. The cryptocurrency SOL has gained 13% in just 24 hours, hitting a new high in a year at almost $41. This news showcases continued interest and investment in cryptocurrencies, even amid market volatility.