Wu said that, according to Ember monitoring, after the $285 million theft incident involving Drift Protocol, FTX/Alameda sold 6.94 million DRIFT tokens (about $320,000) via Wintermute a few hours ago. Alameda was an investor in the protocol, and the 8.33 million tokens it unlocked a year ago were worth as much as $6.22 million at the time, but have now severely dropped to $380,000. DRIFT is the governance token for a Solana ecosystem derivatives DEX.

DRIFT-3.68%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin