Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Investors Beware of Dump Risk! Tron Founder Justin Sun Withdrew All of the Altcoin He Bought with Airdrop!

Investors Beware of Dump Risk! Tron Founder Justin Sun Withdrew All of the Altcoin He Bought with Airdrop!

BitcoinsistemiBitcoinsistemi2024/10/01 11:12
By:Elif Azra Güven

Tron founder Justin Sun has begun dumping the EIGEN tokens he received in airdrops.

EigenLayer’s highly anticipated native token EIGEN has launched, with its price jumping nearly 15% on its debut to reach a peak of $4.53.

While major exchanges such as Binance and Coinbase made consecutive listing announcements for EIGEN, Tron founder Justin Sun, one of the largest holders, began unloading the EIGEN tokens he received in airdrops.

Justin Sun moved 5.37 million EIGEN, which raises the question of whether this will cause a collapse in the price of EIGEN.

Justin Sun Claims His EIGENs!

Tron founder Justin Sun received over $38.74 million in EigenLayer airdrops on his way to Ethereum ReStaking.

According to a post by on-chain analyst EmberCN, Justin Sun withdrew 5,374,267 EIGEN tokens from six addresses.

Justin Sun transferred 5.37M EIGEN to HTX.

Currently, EIGEN is valued at around $4 on over-the-counter markets. The token is scheduled to be listed on Binance, Coinbase, OKX, and Bybit on October 1.

Justin Sun could make over $22.19 million in profit from EIGEN if he sells at the current market price.

再质押赛道龙头 EigenLayer ($EIGEN) @eigenlayer 即将在今天下午 1 点上线各大 CEX,孙哥等 ETH 存款巨鲸也将迎来收获时间。

孙哥在昨天晚上 (14 小时前) 已经通过 6 个地址领取了 5,374,267 枚 EIGEN,按照目前 4U 的场外价格,价值高达 2149 万 U。

本文由 #Bitget | @Bitget_zh 赞助 pic.twitter.com/WyyNGiWOzE

— 余烬 (@EmberCN) October 1, 2024

*This is not investment advice.

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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!