ZKsync Sees $500M Sell-Off in Tokens Post-Airdrop, Data Reveals

According to blockchain analytics firm Nansen, over 41% of the initial recipients of ZKsync’s recent airdrop sold their entire token allocations on the first day. This liquidation wave involved more than 4,160 wallet addresses, pushing nearly $500 million of the new ZK tokens into the open market. The ZK token, part of an Ethereum scaling The post ZKsync Sees $500M Sell-Off in Tokens Post-Airdrop, Data Reveals appeared first on CoinGape .

Source: CoinGape