Blockchain analytics platform Arkham revealed that Justin Sun received an $8.75 million airdrop from EigenLayer on Tuesday.
EigenLayer also lifted transfer restrictions on its EIGEN token, enabling trading across exchanges. Sun is holding his EIGEN tokens on HTX, where he serves as an advisor.
In February, he claimed to hold $1.6 billion worth of crypto in his HTX wallet. EIGEN is currently trading at $4.18, and EigenLayer’s fully diluted valuation exceeds $7 billion.