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Two wallets recently deposited their REEF tokens into HTX, losing a combined $2.36 million

As monitored by Onchain Lens, two wallets recently deposited their REEF tokens into HTX with heavy losses. Wallet 1 withdrew 180 million REEFs (~ $1.30 million) from Gate on October 12, 2024. Wallet 2 withdrew 630.997 million REEFs from Gate on September 23-24 with a unit price of $0.005 (~ $3 million). After a 71.8% price drop in 24 hours, both wallets deposited their tokens into HTX through the same deposit address, with a total loss of $2.36 million (-55%).