en
Back to the list

Justin Sun Received Millions of Dollars in Airdrops from This Altcoin – Here’s the Hard-to-Believe Number

source-logo  en.bitcoinsistemi.com 11 May 2024 14:03, UTC

An interesting development took place in one of the wallets of Tron founder Justin Sun, one of the most controversial figures in the cryptocurrency world.

2.08 million EIGEN tokens were airdropped to the “Justin Sun 4” wallet, one of the wallets tagged as belonging to Justin Sun, minutes ago today.

According to the data, Justin Sun was the second wallet that staked the most Ethereum on EigenLayer. Sun staked 104,000 ETH directly to EigenLayer and 58,000 ETH through Puffer before March.

However, in the current situation, although the EIGEN tokens in question have been airdropped, their transferability feature has not been opened yet. However, on some pre-launch markets, EIGEN tokens are trading at $7.84 at the time of writing. This shows that Justin Sun was paid approximately $16 million thanks to his stakes. Sun had staked a total of $470 million of ETH to EigenLayer.

Officials said that these tokens will become transferable at a date to be determined later. The Eigen Foundation said in a Telegram message that they are targeting September 30.

*This is not investment advice.

en.bitcoinsistemi.com