Mysterious Whale Transfers EIGEN Tokens Worth IDR 143 Billion: What’s the Plan Behind It?
Recently, a massive transaction by a crypto whale has caught the attention of the crypto community.
In the past 48 hours, the whale has withdrawn 2 million EIGEN tokens, worth $9 million or equivalent to IDR 143 billion, from the world’s largest crypto exchange, Binance. This move has sparked speculation about the plan behind this massive transfer.
Crypto Whale Withdraws Tokens Worth IDR 143 Billion
Data from blockchain analytics firm Lookonchain shows that the whale transferred 2 million EIGEN tokens from Binance.
The first transaction included 1.6 million tokens worth IDR 114 billion, followed by an additional transfer of IDR 28.6 billion.
The whale’s wallet address, which starts with “0x9BF,” has attracted attention due to its large value.
This action has raised a lot of speculation. Some believe that the whale plans to stake the tokens in the long term, while others consider this move as preparation for a trading strategy outside the Binance ecosystem. Whatever the reason, this action shows strong confidence in EIGEN's potential.