FTX/Alameda Addresses Liquidate 146 Million BOBA Tokens

According to Jinse Finance, analyst Yujin has observed that after Boba Network announced its token has entered full circulation, FTX/Alameda addresses liquidated all 146 million $BOBA tokens they held (worth $12.22 million) within 22 hours, consolidating and transferring them all to a certain exchange. These BOBA tokens account for 29% of the total supply of 500 million, while the current daily trading volume of BOBA on the secondary market is only a few million dollars.