ByBit and FTX exchanged their 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 3-year deadline, 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 $57.73M; 3.36 million FTT is worth only $4.47M.
Oh, by the way, BitDAO (BIT) has been upgraded to Mantle (MNT).