How A Crypto Investor Made $750,000 From Free Tokens

An experienced user participated in the ZKsync airdrop and managed to raise over $750,000.

The survey of Lookonchain confirmed that this person used as many as 85 wallets to accumulate 3.01 million ZK, the ZKsync platform token.

The trader later sent approximately 2.71 million ZK tokens, which were worth about $678,000, to the Binance crypto exchange. Lookonchain defined the person as “airdrop hunter” and claimed to have sold 300,000 tokens via Sync Swap, acquiring 20 ETH, which is just under $70,000.

ZKsync distributed 3.6 billion tokens, representing 17.5% of the total supply of ZK tokens. At the time of writing, 68% of the tokens are distributed .

Lookonchain did not reveal the identity of the participant in the ZK airdrop. However, a user under the name @Erebos911 on X (Twitter) posted a comment under the analysts' tweet claiming to be the rightful owner of the $753,000 amount acquired through the ZK airdrop event.

Erebos stated that the sum of $800,000 was cumulatively acquired from the airdrop alone and announced that it will invest $100,000 in an NGO in Palestine. He announced that he manages 90 portfolios, making swaps and participating in liquid pools.

Many people were not happy with the information shared by Erebos. "When I see news like this and find out that many users who have been active for two years have not received anything… Many questions arise”, noted user in response to the post by Lookonchain.