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Deep Tide TechFlow News, April 4th, according to on-chain analyst Ember (@EmberCN) monitoring, after the Drift Protocol was hacked and $285 million was stolen, FTX/Alameda sold 6.94 million DRIFT tokens through Wintermute six hours ago, cashing out approximately $320k.
Previously, Alameda was an investor in Drift Protocol and obtained 8.33 million DRIFT tokens through vesting unlocks one year ago, worth about $6.22 million at that time. However, due to the impact of this theft, the token's value has plummeted to around $380k. The recent sale was only worth $320k, nearly halving the investment return.