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this is *quite* the story

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Oct 20, 2020

This is going to get a lot of attention once someone translates this. mp.weixin.qq.com/s/VW6KxNtyvZJ- $fil testnet coins moved on to exchanges & were sold. Gate & Huobi seem to be the biggest. Binance & poloniex limited damage.

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Replying to @mattysino

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

12:17 PM · Oct 20, 2020Twitter Web App

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1.5M coins hit exchanges about 40 min before main net launch. 1.5M > 420k expected day 1 distribution.