Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Justin Sun’s Team Liquidates EIGEN Tokens Following Airdrop Transfer

Justin Sun’s Team Liquidates EIGEN Tokens Following Airdrop Transfer

Cryptodnes2024/10/03 12:15
By:Cryptodnes

A report from EmberCN revealed that Justin Sun's team recently withdrew 21.66 million USDT from Binance after selling 5.374 million EIGEN tokens they received through an airdrop.

The tokens were first sent to the HTX exchange before being transferred to Binance for liquidation. Notably, six wallet addresses linked to Sun received the EIGEN tokens shortly before the transactions took place.

However, EmberCN later retracted its tweet regarding these transfers, raising questions about the accuracy of the information.

HTX has denied any association with the wallet addresses in question, stating there is no substantial evidence linking them to Sun or his team.

READ MORE:
Crypto Expert Warns of Market Vulnerability After Iran’s Attack on Israel

As of now, Justin Sun has not publicly commented on the situation. Eigenlayer, the protocol responsible for the airdrop, is currently trading at $3.57.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

The Daily: ECB President Lagarde rejects bitcoin for Eurozone reserves while the Czech central bank considers it and more

European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.

The Block2025/01/30 21:34

'Inevitable collapse': Trump’s crypto push sparks concern at Paul Singer's Elliott Management: FT

The hedge fund said in a new investor letter that the “inevitable collapse” of the crypto bubble “could wreak havoc,” according to the Financial Times.Elliott’s Paul Singer has never been a fan of crypto, telling WSJ in 2023 that cryptocurrencies are “completely lacking in any value.”

The Block2025/01/30 21:34