Justin Sun’s Team Liquidates EIGEN Tokens Following Airdrop Transfer

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.

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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.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.