A giant whale exchanged fUSDT for FTM, and lost $200,000

On July 8th, according to 0xScope monitoring, due to the suspension of Multichain services, people are selling fUSDT and other stablecoin encapsulation assets in exchange for FTM, and depositing FTM in CEX to escape from the Fantom network. Fantom-related stablecoin wrapper assets are currently trading at $0.7. The giant whale address at the beginning of 0xe7 continued to sell 100,000 fUSDTs in exchange for FTM worth 70,000 US dollars (similar operations had been performed many times before), and its actual loss has reached 200,000 US dollars.