Shrunk by 16x! FTX/Alameda to Sell 6.94 Million DRIFT through Wintermute

BlockBeats News, April 4th, according to EmberCN monitoring, following the $285 million exploit on Drift Protocol, FTX/Alameda chose to sell 6.94 million DRIFT ($320,000) through Wintermute 6 hours ago.

Alameda, an investor in Drift Protocol, received 8.33 million DRIFT through vesting one year ago, valued at $6.22 million at that time. On the day of the sale, the value of these tokens had shrunk to $380,000.