Whale "GentlemanJames.eth" Buys $2.98M in #Eigen , Faces $101K Unrealized Loss After Staking

In a flurry of trades over the past 40 minutes, whale GentlemanJames.eth (address: 0x6e2c509d522d47f509e1a6d75682e6abbc38b362) has acquired 572,918 EIGEN ($2.09M) at an average price of $3.641. This includes:

Swapping 730 ETH ($1.79M) for 491,318 #EIGEN
Withdrawing 81,600 EIGEN ($293K) from #Binance

In total, over the past 3 days, the whale has accumulated 811,989 EIGEN at an average price of $3.664, spending approximately $2.98M. All tokens have since been staked, but the whale now faces an unrealized loss of $101K (-3.39%) on the position.

$EIGEN