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Justin Sun dumps another $14M of EIGEN after week of controversy

Justin Sun dumps another $14M of EIGEN after week of controversy Following a week of drama for EigenLayer’s recently launched token, Justin Sun has deposited 3.62 million EIGEN (worth $14.1 million) to Binance. Sun had previously claimed 5.24 million airdropped EIGEN (worth $21.5 million at the time), sending it to HTX shortly after the token unlocked for trading on October 1. A sharp decline in price following both deposits suggests a large volume of EIGEN sales accompanied the moves. After a spike to $4.10 since Sun’s most recent deposit, EIGEN is currently trading around 4.00, according to data from CoinMarketCap. Justin Sun (@justinsuntron) deposited all 5.24M $EIGEN ($21.5M) to #HTX in the past 20 minutes after the token was listed on major exchanges today! Notably, these tokens were claimed from @eigenlayer via 5 addresses in the past 24 hours! Follow @spotonchain and set alerts for… pic.twitter.com/yWLaDMSDqr — Spot On Chain (@spotonchain) October 1, 2024 Read mor...