Analysis: FTX and Alameda still hold 76% of the total FTT supply, which has not been sold in the past two months

Odaily News According to Spot On Chain analysis, the price of FTT has fallen by 35% in the past few hours. Sellers include: - FTX and Alameda still hold 76% of the total supply and have not sold in the past two months. Even though FTT price reached $5.5 at some points; - There hasn’t been a lot of significant on-chain token movement in the past few hours, only internal exchange transactions. Due to the limited circulating supply, it is mainly whale players who participate in FTT trading, as there is news that FTX will not be relaunched.