The ZK airdrop for Ethereum layer-2 network ZKSync has a market capitalization near $900 million after listings on Binance and other exchanges. Over $600 million worth of tokens have been claimed, with some top addresses holding onto their full allocation. However, a significant portion of recipients have sold their tokens, contributing to a 35% fall in the price of ZK. Nearly half of the top wallets have sold their airdrop, totaling over $500 million in liquidation.
ZkSync top claimers have already sold $113M worth of $ZK since the claim. 4K wallets out of the top 10K wallets have completely exited from $ZK, and only 2.57K of them are holding the complete airdrop. data: @nansen_ai https://t.co/X50gxSwNvl
41.1% OF TOP ZKSYNC AIRDROP RECIPIENTS SOLD FULL ALLOCATION: NANSEN An additional 30.1% of addresses sold at least some of their allocation, while only 28.8% retained their full airdrop. Despite the high volume of selling, these top addresses represent just 1.44% of the… https://t.co/x4nDw53Da3
I'm fascinated by the $ZK airdrop. The zkSync team got about 80% of the airdrop. But there are still 3 more airdrop left in my airdrop plan. A 🧵 about the upcoming BIGGEST airdrop in 2024: https://t.co/DXmkJ94oBp
ZKSYNC SEES $500M SELL-OFF IN TOKENS POST-AIRDROP - Over 41% of initial ZKsync airdrop recipients sold their entire allocations on the first day, pushing nearly $500 million of ZK tokens into the market. - The rapid liquidation from more than 4,160 wallets caused a sharp… https://t.co/i9lAnRtBdj https://t.co/7DkMIRtsiq
JUST IN: OVER 41% OF INITIAL RECIPIENTS OF $ZK TOKEN AIRDROP FROM ZKSYNC HAVE SOLD THEIR COMPLETE ALLOCATIONS
The ZKSync Airdrop is Finally Here @TheZKNation @zksync $ZK NFT news and key statistics summarized in 90 seconds every weekday on @NiftyNoonNFT 🧵⬇️: https://t.co/7BL3qcxmoc
Almost half of top wallets have sold zkSync #airdrop as token falls over 40% 🪂🎁📉 Click below to find out more 👇👇👇 https://t.co/89z9ohdTvI https://t.co/dtQBfuoYSj
41% of top ZKsync token airdrop recipients sold full allocation: Nansen https://t.co/bN8nrPM45Y
41% of Major @zksync Airdrop Recipients Have Already Sold Their Tokens Another 29.2% have partially sold their tokens, while just over 30% of wallets are still holding onto their assets. In total, major airdrop participants have "dumped" a combined 491 million $ZK, which is… https://t.co/l6sMHJ3Hk7
📊Less than a day after the @zksync drop, 41% of the top 10k wallets sold all their coins. Additionally, 29.2% of users sold at least some of their tokens, exceeding 486M $ZK in total🚀 💸Right now, the price of ZK is hovering around $0.23. https://t.co/nBydZgM3JN
ZKSYNC’S $ZK TOKEN FALLS 35% AS TOP WALLETS SELL OFF AIRDROP - Nearly 41% of tracked addresses sold their entire $ZK airdrop, while 29.2% sold some tokens, totaling over 486 million ZK. The sell-off contributed to the 35% fall in the price of ZK. - Around 30% of the top… https://t.co/EHAWXVRaf1 https://t.co/6zMuChO6ON
.@lookonchain: Someone received an airdrop of 3.01M $ZK ($753K) via 85 wallets! This airdrop hunter then deposited 2.71M $ZK ($678K) into Binance and sold 300K ZK for 20 $ETH ($69K) via SyncSwap. https://t.co/Vtel0hAKMu https://t.co/bNEkOf4N33
1.05 billion ZK tokens, valued at nearly $253 million, remain to be claimed after zkSync's airdrop went live. Of the top 10,000 addresses that received an airdrop, 29.6% sold some of their allocation, while 37% sold their entire pot. @httpsageyd reports https://t.co/eAK2djmSM6
ZkSync Users Claim $630 Million Tokens in First Ten Hours of Airdrop About a third of the top 10,000 addresses, including two of the top three claimers, still hold their entire ZK airdrop allocation. @httpsageyd reports https://t.co/bRP7GAwJlg
ZKSync’s airdrop went live at 7am UTC this morning. It’s one of the largest airdrops EVER - with $907 Million worth of tokens marked for this distribution. As of 4PM UTC, 66.9% of the airdrop has been claimed by 430,706 addresses - equivalent to 2.46B ZK tokens ($607.6M) https://t.co/qk5iCWOqk9
The $ZK airdrop for Ethereum layer-2 network @zksync is now live, with the market capitalization near $900 million after listings on Binance and other exchanges @cryptauxmargaux reports #ethereum https://t.co/xH23ixV9fj