Brother Sun is really the first hard worker in the currency circle. With this status, he still has to work hard to support a large family. I just saw the news that Justin Sun sold 5.374 million EIGEN airdrops at an average price of $4.03, earning more than 20 million dollars. To be honest, Brother Sun can't do much with this little money, but it is a bit confusing. Why did he recharge the airdropped tokens into HTX first, and then transfer them from his own exchange to Binance to sell them for cash? What is this operation? Can anyone explain it?
On October 2, according to the chain analyst Yu Jin, Sun Yuchen's associated address withdrew 21.66 million USDT from Binance an hour ago, indicating that he had sold all the 5.374 million EIGEN airdrops he had received at an average price of $4.03. The night before yesterday, Sun Yuchen's 6 addresses received this batch of EIGEN airdrops. After EIGEN allowed transfers yesterday afternoon, he transferred these tokens to HTX, and then immediately transferred them to Binance. Based on the amount of USDT withdrawn, the average selling price of 5.374 million EIGEN is $4.03, which is higher than the current price of EIGEN of $3.7. $EIGEN