FTX Unstake: Solana Tokens Worth $12.99M Released from FTX

FTX has unstaked approximately $12.99 million worth of Solana (SOL) tokens, according to on-chain data.

The company's move comes after nearly a month since unstaking SOL was last reported.

The current price of SOL is at $65.37 and is trading within the Bollinger Bands. The 50-period exponential moving average (EMA) resistance stands at $67.72, while the relative strength index (RSI) remains neutral at 49.25 on the 4-hour chart.

This comes as part of a broader trend in the crypto market where investors are closely monitoring price movements and technical indicators to inform their investment decisions.