ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, in October, 21 addresses spent 32.45 million USDC to purchase 8.917 million EIGEN at an average price of 3.64 USD. Since last night, they have started to gradually redeem EIGEN and sell on-chain. Since 7 PM last night, they have had 4 addresses redeem 1,270,507 EIGEN (5.02 million USD) from the EigenLayer staking contract and are currently selling on-chain for ETH or USDC. A few days ago, when EIGEN peaked at 5.6 USD, these 8.917 million EIGEN had an unrealized profit of 17.65 million USD, but it has now dropped back near the cost line.

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