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Whale/institution started on-chain dumping of 891.7 million EIGEN at an average price of $3.64
On December 22nd, according to EmberCN monitoring, a Whale/institution that previously spent 32.45 million USDC at an average price of $3.64 to purchase 8.917 million EIGEN through 21 addresses in October has started to redeem EIGEN and sell it on-chain since last night. Since 7 pm yesterday, 4 addresses have redeemed 1,270,507 EIGEN (5.02 million USD) from the EigenLayer stake contract and sold them on-chain for ETH or USDC.