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Whale 0x464 just sold all 421,646 EIGEN for 677,532 USDC at an average price of $1.607:

 

Notably, the whale bought those tokens at an average price of $4.187 between October 1 and 18, 2024. With the above sales, the whale lost $1.09M (-61.6%) after holding EIGEN for 4 months.

 

The EIGEN price dropped 10.59% in the past 24 hours.

 

Fig 1. The overall EIGEN trading history of Whale 0x464 (the whale also sold EIGEN tokens claimed from EigenLayer).

#eigen
#eigenlayer
#sell
#loss
#price drop