Investor Who Received Airdrop with 85 Wallets from Giant Altcoin Project Started Selling

Airdrop hunter started selling $753 thousand in altcoin assets.

According to data transferred by the on-chain analysis platform Lookonchain, a user received 3.01 million ZK worth a total of 753 thousand dollars from the ZkSync airdrop distribution to 85 wallets.

When ZK was listed on many exchanges, including Binance, on Monday, June 17, they rolled up their sleeves to sell. This user transferred 2.71 million ZK worth $678 thousand to Binance.

Also sells via DEX

After this Binance transfer, which was thought to be for sale, he sold ZK worth 69 thousand dollars through ZkSync-based decentralized exchange (DEX) SyncSwap and received 20 Ethereum in return.

The massive sales of airdrop whales also negatively affected the ZK price and caused the price to lose serious value.

According to CoinGecko data, ZK, which has lost 21% of its value in the last 24 hours, is traded at $ 0.226 at the time of writing.