FTX/Alameda urgently sold 6.94 million DRIFT tokens after the Drift Protocol was hacked.

CoinFeed reported on April 4th that, according to on-chain analyst Yu Jin, following the $285 million theft from Drift Protocol, FTX/Alameda sold 6.94 million DRIFT tokens ($320,000) via Wintermute six hours ago. Alameda is an investor in Drift Protocol, having acquired 8.33 million DRIFT tokens a year ago through vesting, at which time they were worth $6.22 million. Today, with the sale, the value of these tokens has shrunk to $380,000.