According to TechFlow, on October 16, according to Onchain Lens monitoring, two wallets recently deposited their REEF tokens into HTX and suffered heavy losses. Wallet 1 withdrew 180 million REEF (about $1.3 million) from Gate on October 12, 2024. Wallet 2 withdrew 630.997 million REEF from Gate from September 23 to 24, at a unit price of $0.005 (about $3 million). After the price fell 71.8% in 24 hours, both wallets deposited their tokens into HTX through the same deposit address, losing a total of $2.36 million (-55%).