- Crypto billionaire Justin Sun has reportedly received a significant airdrop from an altcoin project, according to onchain data.
- Sun, one of the most controversial figures in the crypto world and founder of Tron, received an airdrop of 2.08 million EIGEN tokens to one of his wallets, tagged “Justin Sun 4”.
- According to the data, Sun was the second highest staker of Ethereum on EigenLayer, having staked 104,000 ETH directly and another 58,000 ETH via Puffer prior to March.
Justin Sun, the controversial Tron founder, has received a substantial airdrop from an altcoin project, underlining his influential position in the crypto world.
Justin Sun’s Significant Airdrop
Justin Sun, a well-known figure in the cryptocurrency world, has reportedly received a substantial airdrop from an altcoin project. One of his wallets, tagged “Justin Sun 4”, received an airdrop of 2.08 million EIGEN tokens. This development is particularly noteworthy given Sun’s controversial status in the crypto community and his role as the founder of Tron.
Sun’s Staking Activities on EigenLayer
According to onchain data, Sun was the second highest staker of Ethereum on EigenLayer. He staked 104,000 ETH directly on EigenLayer and another 58,000 ETH via Puffer prior to March. These staking activities underscore Sun’s active participation in the crypto ecosystem and his significant influence in the space.
Implications of the Airdrop
While the EIGEN tokens have been airdropped, they are not yet transferable. However, they are currently trading at $7.84 in some pre-launch markets. This suggests that Sun has received a payment of approximately $16 million thanks to his staking activities. Sun had staked a total of $470 million worth of ETH on EigenLayer.
Future Transferability of the Tokens
Officials have stated that the tokens will become transferable at a later date. The Eigen Foundation mentioned in a Telegram message that they are targeting September 30 for this. This development will be closely watched by the crypto community, given the significant amount of tokens involved and Sun’s prominent role in the space.
Conclusion
This significant airdrop to Justin Sun highlights his influential position in the crypto world. It also underscores the potential rewards of staking activities in the crypto ecosystem. As the tokens become transferable, it will be interesting to see how this development impacts the broader crypto market and Sun’s future activities in the space.
