According to on-chain analyst Ember Monitoring, ByBit and FTX exchanged platform coins in early November 2021: ByBit exchanged 100 million BIT for FTX 3.36 million FTT, and both parties promised not to sell it within 3 years.
There are now 2 months to 3 years left, and a sell-off is likely after the end of the sell-off. At that time it was equivalent exchange, but now the difference in value is very large: 100 million BIT is worth $57.73M; 3.36 million FTT is worth only $4.47M. BitDAO (BIT) has been upgraded to Mantle (MNT).
The platform coins (BIT, FTX) exchanged by ByBit and FTX in 2021 may be sold off in 2 months, 100 million BIT worth 57.73 million US dollars
2024-08-28 01:18:56
According to chain analyst division embers monitoring bybit ftx 2021 11desk3cryptocurrencydesktopCrypto News
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