Justin Sun, the influential founder of Tron, has reportedly received $8.75 million from an EigenLayer airdrop, as reported by Arkham Intelligence. The announcement was made on X, sparking interest within the crypto community.
On the same day, EigenLayer removed transfer restrictions on its EIGEN token, allowing trading across various exchanges. This change follows the distribution of 86 million EIGEN tokens during the protocol’s second “stakedrop” season, which aimed to boost user engagement.
It appears that Sun is currently holding his EIGEN tokens on HTX, the exchange where he serves on the advisory board. Earlier this year, he claimed to hold an astonishing $1.6 billion in crypto assets according to a screenshot from his HTX wallet.
As of 2:27 p.m. ET, EIGEN was trading at $4.18, with EigenLayer boasting a fully diluted valuation exceeding $7 billion. The platform enables users to stake ether to enhance the security of third-party networks.
The total value locked in EigenLayer is currently above $12 billion, although it has decreased from its June peak of $20 billion.
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