
余烬|Apr 02, 2025 07:11
Whale institutions bet heavily on EIGEN last year, but now they are losing over 69%Do you remember this whale (or institution) that made a big purchase of EIGEN last year He's a bit miserable 😂 32.45 million yuan was first bought from EIGEN at a high point, resulting in a loss of 17.19 million yuan. Then, some positions were transferred to HYPE, which also led to a loss of 5.21 million yuan at the highest point. The 32.45 million U in October last year is now only worth 10.03 million, with a loss of 22.42 million (-69%) in five months. His money losing operation 👇: At first, in October last year, 21 addresses with 32.45 million U were used to purchase 8.917 million EIGEN, with an average price of 3.64. At the end of December, it sold 2.417 million EIGEN for 9.12 million USDC at an average price of 3.77. Then at the highest level of HYPE, at 30.9, 295000 HYPEs were purchased. Now, the price of HYPE is only 13, and these HYPEs have a floating loss of 5.21 million. In recent days, he has sold 2.862 million EIGEN for 31.6 WBTC (3.05 million US dollars) at a price of 1.068 cuts. So his 32.45 million U from October last year has now become 295000 HYPE (3.9 million US dollars), 3.638 million EIGEN (3.08 million US dollars), and 36.1 WBTC (3.05 million US dollars). The total value is only 10.03 million. This article is sponsored by Bitget | @ Bitgetzh
He currently holds HYPE's address: 0x1d6977f23fcddda7a6299549f5b619cb34df9dc90xdb09a184cab842c763c7578a573edad05b2e1f0x3c55f38a1bceecf7f449623f180689795664ef0x04c912c4c18fc13eff4ecd889c56ae11095866a0a28b6c99930399ff1d982dbdc83b83b5873693677
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