A report from Nansen on Tuesday revealed that the top 10,000 wallets that were airdropped ZKsync's newly launched ZK token have begun selling their holdings.
41% of top 10,000 wallets that received ZK airdrop sold their holdings after its launch. Only 30% of recipients maintained their complete holdings. ZK is down more than 5% in the past 24 hours. A report from Nansen on Tuesday revealed that the top 10,000 wallets that were airdropped ZKsync's newly launched ZK token have begun selling their holdings. ZK top wallets experience huge sell-offamid market criticism The price of ZK has dropped 34.
Although the data only accounts for the top 10,000 wallets, which is just 1.44% of the total 695,232 wallets that ZKsync made eligible for the airdrop. Read more:Crypto community blasts zkSync ahead of airdrop launch These wallet holders' actions have begun to attract the attention of several crypto community members, who previously criticized ZKsync's airdrop methods.
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