According to Odaily, two significant cryptocurrency investors, often referred to as 'whales,' have acquired a substantial amount of EIGEN tokens within the past four hours. The total purchase amounted to 702,324 EIGEN tokens, valued at approximately $2.86 million.

The first transaction was conducted by an address starting with 0x2dcd, which spent 588 ETH, equivalent to $1.55 million, to buy 383,672 EIGEN tokens at an average price of $4.05 per token. The second transaction involved an address beginning with 0xb112, which utilized 1.31 million USDC to purchase 318,651 EIGEN tokens at an average price of $4.1 per token.