According to @EmberCN, FTX and Alameda have transferred 188,000 SOL (approximately $31.5 million) from staking to 30 different addresses in their regular monthly offloading pattern. Historical data shows that most of these addresses subsequently send SOL to Coinbase or Binance, indicating a high likelihood of market selling pressure. Since November 2023, this systematic redemption and transfer have been ongoing, raising concerns about short-term downward pressure on SOL price and increased volatility for traders (source: @EmberCN on Twitter, June 13, 2025).