BIG MONEY! Justin Sun Withdraws 5.24 Million EIGEN Coins from EigenLayer Airdrop
2024-10-02
Bittime - Justin Sun reportedly transferred 5.24 million EIGEN coins worth US$21.5 million to HTX after the EIGEN token listing on a major exchange.
Justin Sun was also recorded as receiving the largest airdrop worth US$38.74 million from EigenLayer. Read more!
Justin Sun Withdraw 5,24 Million EIGEN Coins
Justin Sun was filmed transferring US$21.5 million worth of EIGEN tokens to HTX, according to a report from Spotonchain. The Tron executive moved 5.24 million EIGEN tokens at the start of the Asian trading session.
Not long after EIGEN officially listed on a number of major crypto exchanges, including Binance. A report from WuBlockchain also confirmed the transaction.
Justin Sun Sells His Coin
However, the expert emphasized that if Justin Sun sold it at the current price of US$4.13, he could make a profit of around US$22.19 million.
Justin Sun Receives EIGEN Airdrop
According to Ai's report, Justin Sun received the largest EIGEN airdrop from EigenLayer, which generated an additional value of US$38.74 million via Ethereum restaking channels.
This makes Sun the largest beneficiary in the latest liquid restaking token (LRT) round. Researchers also noted pending airdrop events from the Puffer, Zircult, Swell, and Kelp protocols.
Read Also: Latest Major Listings on Telegram in October? Ready to make money!
Whale Buy EIGEN Coin
For example, one whale spent 588 ETH, or 1.55 million USD, to buy 383,672 EIGEN at an average price of 4.05 USD per token.
Meanwhile, another whale spent 1.31 million USDC to buy 318,651 EIGEN at an average price of 4.1 USD per token. Before the EIGEN token unlock agenda, this buying action occurred.
Conclusion
Justin Sun, founder of Tron, reportedly transferred 5.24 million EIGEN coins worth US$21.5 million to the HTX exchange, after the EIGEN token was officially listed on several major exchanges.
If Justin Sun sells his coins at the current price of US$4.13, he could potentially make a profit of around US$22.19 million.
Justin Sun was also recorded as receiving the largest airdrop from EigenLayer with an additional value of US$38.74 million via Ethereum restaking, making him the largest recipient in the latest round of token liquid restaking.
On the other hand, a number of whales have also shown great interest in EIGEN. One whale bought 383,672 EIGEN tokens for US$1.55 million, while another whale bought 318,651 tokens for US$1.31 million.
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