According to ChainCatcher, on-chain analyst Yu Jin Yu X said in a post that ByBit and FTX exchanged platform coins in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT for FTX, and both parties promised not to sell within 3 years.

Now there are 2 months to go until the 3rd year, and it is likely to be sold after the restricted sale ends.

At that time, it was an equal exchange, but now the value gap is very different: 100 million BIT is worth 57.73 million US dollars; 3.36 million FTT is worth only 4.47 million US dollars.