$EIGEN
Breaking News！
Whale/Institution Movements！
EigenLayer Staking Contract Major Activity！
According to the latest on-chain news, a certain whale/institution has stirred up waves in the crypto market. In October, it splurged 32.45 million USDC through 21 addresses, acquiring 8.917 million EIGEN at an average price of 3.64 USD.
However, last night at 7 PM, the plot reversed, as 4 related addresses redeemed 1,270,507 EIGEN (worth approximately 5.02 million USD) from the EigenLayer staking contract and sold it on-chain, exchanging it for ETH or USDC.
Previously, when EIGEN rose to 5.6 USD, the institution had a floating profit of 17.65 million USD, but now it has fallen back to the cost line.
The market sentiment has shifted abruptly, and its subsequent actions are worth close attention. Will it continue to sell or have other plans? The crypto world is ever-changing, so let's keep an eye on it.
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