According to @EmberCN, ByBit and FTX exchanged platform tokens in early November 2021: ByBit swapped 100 million BIT for 3.36 million FTT from FTX, with a mutual agreement not to sell for three years. This lock-up period will end in two months, and a sell-off is likely. At the time of the swap, the exchange was equal in value, but now there is a significant disparity: 100 million BIT is valued at $57.73 million, while 3.36 million FTT is worth significantly less.

According to @EmberCN, ByBit and FTX exchanged their platform tokens in early November 2021, with ByBit trading 100 million BIT for 3.36 million FTT from FTX. Both parties agreed not to sell the tokens for three years. With only two months remaining until the lock-up period ends, there is a high likelihood of a sell-off. At the time of the exchange, the tokens were of equal value, but now there is a significant disparity: 100 million BIT is valued at $57.73 million, while 3.36 million FTT is worth considerably less.