This is going to get a lot of attention once someone translates this. https://mp.weixin.qq.com/s/VW6KxNtyvZJ-FJx93Gmhsw…$fil testnet coins moved on to exchanges & were sold. Gate & Huobi seem to be the biggest. Binance & poloniex limited damage.
Not 100% sure but I think the rumors are false -- I *think* that there weren't 30mm coins hitting exchanges.
You can mostly verify this by confirming that the total volume, in FIL tokens, on exchanges was less than 30mm