The post Flawed Airdrop? zkSync Holders Dump Tokens After Launch, Price Crashes 34.5% appeared first on Coinpedia Fintech News
zkSync’s much-anticipated airdrop went live on Monday, June 17th, 2024, showering users with free tokens. But what happened next might surprise you… Nearly half of the top recipients dumped their entire allocation, triggering a 34.5% price plunge for ZK. Data from Nansen, a blockchain analysis firm, reveals that 41% of monitored addresses swiftly offloaded their …