TechFlow News: On April 4, according to on-chain analyst Ember (@EmberCN), six hours after the $285 million theft from Drift Protocol, FTX/Alameda sold 6.94 million DRIFT tokens via Wintermute, cashing out approximately $320,000.
Alameda, previously an investor in Drift Protocol, had unlocked 8.33 million DRIFT tokens one year ago through vesting—valued at roughly $6.22 million at the time. However, following the recent theft incident, the token’s value has sharply declined to about $380,000; this sale therefore yielded only $320,000, nearly halving Alameda’s investment return.
Add to Favorites
Share to Social Media
