FTX/Alameda sold 6.94 million DRIFT tokens through Wintermute 6 hours ago, cashing out approximately $320k.

CycleProphet · 2026-04-04T00:51:08+00:00

Recently, after Drift Protocol was hacked and $285 million was stolen, FTX/Alameda sold 6.94 million DRIFT tokens via Wintermute, raising about $320k. Previously, the value of the DRIFT acquired through Alameda’s investments had fallen significantly, with the investment return nearly cut in half.

CycleProphet

2026-04-04 00:51:08

Abstract generation in progress

Deep Tide TechFlow message. On April 04, according to on-chain analyst Ember (@EmberCN) monitoring, after a $285 million theft incident occurred on Drift Protocol, FTX/Alameda, about 6 hours ago, sold 6.94 million DRIFT through Wintermute, raising roughly $320k.

Previously, Alameda had acted as an investor in Drift Protocol. A year ago, it obtained 8.33 million DRIFT through vesting unlocks, which at the time was worth about $6.22 million. However, impacted by this theft incident, the token’s value has since fallen sharply to around $380k. This time, the sale is worth only about $320k—its investment return has nearly been halved.

DRIFT0.74%

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