2024-10-02
Arkham on X: "Justin Sun got an $8.75 MILLION airdrop from Eigenlayer.
Justin Sun, the founder of Tron,
recently received an airdrop of over 5.24 million EIGEN tokens from EigenLayer,
valued at approximately $8.75 million. This airdrop is part of EigenLayer’s
liquid staking protocol on Ethereum, which aims to enhance security and utility
for staked ETH1. Following the airdrop, Sun transferred his tokens to the HTX
exchange, potentially indicating an intent to sell.
Sun is holding his EIGEN on HTX, the
exchange where he serves on HTX advisory board.
This move has sparked market buzz, with
the EIGEN token experiencing a price surge of nearly 15% shortly after its
debut on major exchanges like Binance and Coinbase.
On October 1, 2024, Eigen tokens began
trading on crypto exchanges. Analysts are closely monitoring these developments
to assess their potential impact on the future of EigenLayer and the broader
Ethereum ecosystem.
EigenLayer currently has $11.188b in
total value locked (TVL).
As of October 1, 2024, EIGEN has a
market cap of $767 million. This makes EIGEN the world's 80th most
valuable crypto by market cap.
