A whale released its pledge and sold 780132 EIGENs, resulting in a loss of over $2.01 million

Odaily Planet Daily News: According to Spot On Chain monitoring, a whale recently released its pledge and sold 780132 EIGEN (worth $919000) at an average price of $1.178 in exchange for WBTC and ETH, resulting in a loss of $2.01 million (-69%). From October 8th to 18th, 2024, the whale purchased 772450 EIGENs at an average price of $3.76 for 1198 ETH (approximately $2.9 million). EIGEN prices have dropped by 68% in the past 5 and a half months.