Foresight News reports that, according to Ember monitoring, a certain whale spent 32.45 million USD in USDC to purchase 8.917 million EIGEN at an average price of 3.64 USD through 21 addresses in October. Since last night, they have been gradually redeeming EIGEN and selling it on-chain. Since 7 PM last night, they have redeemed 1,270,507 EIGEN (5.02 million USD) from the EigenLayer staking contract through 4 addresses and sold it on-chain for ETH or USDC.
