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Token EIGEN

4 days

Auto generation

Whale with a $2M loss (-69%) further sold EIGEN

Outflow

Total tokens transferred

Token EIGEN

389.523K

EIGEN

Token WBTC

5.213

WBTC

Whale 0xce0 just further sold 389,523 EIGEN ($457K) for 5.213 WBTC at an average price of $1.173:

 

Notably:

  • From October 8 to 18, 2024, the whale spent 1,198 ETH (then $2.9M) to buy 772,450 EIGEN at an average price of $3.76 and staked the tokens to earn rewards.
  • After a 69% drop in price over the last 5.5 months, the whale unstaked and sold 780,132 EIGEN ($919K) for 9.196 WBTC and 53.423 ETH at an average price of just $1.178 in the past 24 hours, taking a $2.01M loss.

 

Fig 1. The overall EIGEN trading history of Whale 0xce0.

#eigen
#eigen layer
#sell
#loss
#big