TechFlow reports, citing crypto analyst @defioasis who published a report revealing how suspected Eigen Labs employees handled airdrops from ecosystem projects. According to on-chain data analysis, a total of 51 addresses are believed to belong to Eigen Labs employees.
Among these addresses, 46 received the ETHERFI airdrop, 41 received ALT, and 20 received REZ.
The data shows the following post-airdrop behaviors:
41.3% sold ETHERFI; 41.5% sold ALT, while 31.7% chose to continue staking ALT; 40% sold REZ.
This finding relates to a previous CoinDesk report alleging that Eigen Labs provided employee address lists to ecosystem projects in exchange for airdrops. Notably, the number of ALT and REZ airdrops identified by the analyst differs from CoinDesk’s earlier reporting. While Eigen Labs has previously denied exerting improper pressure on projects, the widespread selling of airdropped tokens by its employees has raised market concerns about the company's ethical practices.
