Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

The limited sale period of ByBit and FTX exchange platform coins is coming to an end, and the current price difference between the two exceeds 53 mil

CointimeCointime2024/08/28 02:03
By:Cointime

On August 28th, blockchain analyst Yu Jin stated on X platform that ByBit and FTX swapped platform coins in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT from FTX, and both parties promised not to sell within 3 years. The 3-year lock-up period is about to end in 2 months, and it is likely that there will be a sell-off after the restriction is lifted. At the time of the exchange, the values were equivalent, but now there is a significant difference in value: 100 million BIT is worth $57.73 million, while 3.36 million FTT is only worth $4.47 million. It is reported that BitDAO (BIT) has been upgraded to Mantle (MNT).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Crypto Wallet Exodus Movement (EXOD) Partners with Major Hardware Manufacturer!

Exodus Movement has teamed up with Ledger, a leading hardware manufacturer, to launch a new crypto exchange aggregator.

Bitcoinsistemi2024/09/16 18:21

According to JPMorgan Research Report, There Is a First in Bitcoin (BTC) Mining!

Bitcoin (BTC) mining earnings took a major dive in the first half of September, with the Bitcoin price remaining below $60,000.

Bitcoinsistemi2024/09/16 18:21