Whale Makes Bold Move, Swaps Millions for EIGEN

In the world of high-stakes crypto trading, Whale 0xcfc50541c3deaf725ce738ef87ace2ad778ba0c5 made waves once again. Over the past hour, the whale executed a notable transaction, swapping 1.122 million USDE for 351,812 EIGEN tokens at an average price of $3.188. But this is just the latest in a series of moves.

In the past 17 hours, the whale has exchanged a staggering 2.241 million USDE for 681,708 EIGEN at an average price of $3.288. This isn't their first venture into EIGEN territory. Back in May 2024, they were an early participant, receiving an airdrop of 35,057 EIGEN, valued at $140,000 at the time. In September, another 31,038 EIGEN landed in their wallet, worth $124,000.

Now, the whale’s EIGEN holdings have swelled to 947,803 tokens, valued at $3.02 million. Of those, 266,095 EIGEN—worth $848,000—are securely staked with EigenLayer, signaling their continued belief in the token's future.


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