Isabella García
Justin Sun, the founder of Tron, reportedly received $8.75 million from an airdrop by EigenLayer, according to blockchain analytics firm Arkham Intelligence.
“Justin Sun got an $8.75 million airdrop from EigenLayer,” Arkham Intelligence shared on X (formerly Twitter) on Tuesday. The post playfully asked, “How much did you get?”
On the same day, EigenLayer lifted the restrictions on transferring its EIGEN tokens, allowing them to be traded on various exchanges. This decision followed the distribution of 86 million EIGEN tokens during the second “stakedrop” season. Tokens from this stakedrop, as well as those issued in the previous distribution in April, were initially not transferable.
Sun appears to be holding his EIGEN tokens on HTX, the cryptocurrency exchange where he serves as an advisor. Earlier in February, Sun shared a screenshot of his HTX wallet, showing that he held approximately $1.6 billion worth of crypto assets at that time.
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As of 2:27 p.m. ET, EIGEN was trading at $4.18, according to PRIME’s Price Page. EigenLayer currently boasts a fully diluted valuation of over $7 billion.
EigenLayer allows users to stake ether (ETH) to support third-party networks or services that require validation. The platform currently holds over $12 billion in total value locked (TVL), which is notably lower than its peak of $20 billion in June this year.
