Massive $ETHFI Transfer Hits Binance As Airdrop Data Unveiled

In recent developments, EtherFi, Renzo, and AltLayer have collectively airdropped approximately $5 million in tokens to EigenLabs employees, according to CoinDesk.

The airdrop figures reveal significant token distributions across these platforms, which have also seen notable trading activity.

EtherFi distributed 10,491 $ETHFI tokens to each of 44 addresses, amounting to a total of 461,600 $ETHFI. At its peak, this sum was valued at $3.69 million. However, on-chain data shows that 31.2% of these tokens have already been sold.

AltLayer’s airdrop saw 46,512 $ALT tokens given to each of 37 addresses, resulting in a total of 1.72 million $ALT, which was valued at $1.16 million at its highest point. So far, 32.4% of the $ALT tokens have been sold.

Renzo’s airdrop allocated 66,667 $REZ tokens to each of 27 addresses, totaling 1.8 million $REZ. The peak value of these tokens was $500,000, with 33.6% already sold.

Some Top Wallet Transfer 1.323 Million $ETHFI

In a related development, a prominent wallet, suspected to be associated with the EtherFi project, made headlines by transferring 1.323 million $ETHFI—approximately $1.88 million—to Binance.

This wallet, which received 10 million $ETHFI roughly five months ago, has since deposited 4.19 million $ETHFI, valued at around $8.19 million, to Binance. The wallet still retains a substantial balance of 5.735 million $ETHFI, worth about $8.26 million.

These movements reflect ongoing trading and liquidity adjustments within the crypto markets, highlighting the significant financial activity surrounding these airdropped tokens.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/massive-ethfi-transfer-hits-binance-as-airdrop-data-unveiled/