Shrinks by 16 times! FTX/Alameda sold 6.94 million DRIFT tokens through Wintermute

BlockBeatNews

2026-04-04 00:51:11

BlockBeats message. April 4, according to monitoring by EmberCN, after a $285 million theft incident occurred on Drift Protocol, FTX/Alameda chose—6 hours ago—to sell 6.94 million DRIFT ( $320k ) through Wintermute.

Alameda is an investor in Drift Protocol. A year ago, it obtained 8.33 million DRIFT through vesting unlocks, which at the time were valued at $6.22 million. And today, on the day they were sold, the value of these tokens has already dropped to $380k.

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