A crypto investor won an airdrop of approximately $4 million thanks to the recent popular altcoin.
According to data from the on-chain analytics platform Lookonchain, a crypto investor won about 2.92 million MERL worth approximately $4 million from the Merlin Chain airdrop.
The Ethereum Virtual Machine (EVM) compatible Bitcoin Layer-2 protocol Merlin Chain was recently listed on the popular cryptocurrency exchange OKX. This listing on major exchanges increased interest in MERL as well.
This user who won the $4 million airdrop has not yet moved their MERL assets.
According to CoinGecko data, MERL has lost 8% of its value in the last 24 hours and is currently trading at $1.29.