FTX: Unstakes $16.89M SOL via BitGo

FTX and Alameda received 204044 SOL worth $16.89M after a BitGo Custody transaction pulled the tokens out of staking.

The move lands at a moment when SOL trades at $83.13 inside its Bollinger Bands on the 4h chart with the lower band at $81.45 acting as immediate support. Price sits below the EMA50 at $88.05 and far beneath the EMA200 at $98.9, locking the structure in a bearish trend. RSI at 36.04 shows neutral momentum while the MACD golden cross at -1.52 hints at building bullish pressure that has yet to overcome resistance at the upper band of $88.12.