According to Spot On Chain monitoring, a whale "0xce0" recently unstaked and sold 780,132 EIGEN (worth $919,000) at an average price of $1.178, exchanging for WBTC and ETH, incurring a loss of $2.01 million (-69%). From October 8 to 18, 2024, the whale spent 1,198 ETH (approximately $2.9 million) to purchase 772,450 EIGEN at an average price of $3.76. Over the past 5.5 months, EIGEN's price has dropped by 68%.
A whale unstaked and sold 780,132 EIGENs, losing more than $2.01 million
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