Jupiter airdrop farmer earns $1.1m using thousands of wallets
Amid the Jupiter Exchange token debacle, one airdrop farmer over $1 million in JUP coins using thousands of Solana wallet addresses.
The trader received 1.85 million Jupiter (JUP) tokens using 9,246 wallets to interact with the Solana-based decentralized exchange (DEX). Part of the airdrop haul, worth over $1 million even after a 69% price dip, was liquidated on Jupiter for profits.
The user deposited around $77,000 in airdropped tokens on Bybit and Mexc. According to LookOnChain, the airdrop farmer held 319,000 JUP valued at $196,000 on-chain. This person accounts for roughly 1% of the eligible wallets for Jupiterâs airdrop.
