An experienced user participated in the ZKsync airdrop and successfully raised over 7.5 million US dollars.
The investigation by Lookonchain confirmed that this person used up to 85 wallets, accumulating 30,100 ZK tokens, the tokens of the ZKsync platform.
The trader then sent about 27,100 ZK tokens worth around 678,000 US dollars to the Binance cryptocurrency exchange. Lookonchain defines this person as a “airdrop hunter” and claims that through Sync Swap, they sold 3 million tokens, earning 20 ETH, valued slightly below 700,000 US dollars.
ZKsync issued 360 million tokens, accounting for 17.5% of the total supply of ZK tokens. At the time of writing this article, 68% of the tokens are decentralized.
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Lookonchain did not disclose the identity of the ZK airdrop participant. However, a user named @Erebos911 on Twitter commented under an analyst’s tweet, claiming to be the rightful owner of the 753,000 US dollars obtained through the ZK airdrop activity.
Erebos stated that they accumulated 8 million US dollars solely through airdrops and announced an investment of 1 million US dollars in a non-governmental organization in Palestine. They announced managing 90 portfolios, engaging in swap trading, and participating in liquidity pools.
Many people are dissatisfied with the information shared by Erebos. “When I see news like this and find that many active users for two years have not received anything… many problems arise,” a well-known user replied to Lookonchain’s post.