CandleFocus

A Crypto Whale Investor Transfers 3M $EIGEN for Staking on Eigenlayer

The largest claimant of Season 1 EIGEN tokens, boby1337.eth, has withdrawn 1 million $EIGEN tokens worth $3.61 million from Binance. This comes after the investor had previously sold a portion of the tokens obtained from an airdrop. Over the past two days, boby1337.eth has been actively accumulating more $EIGEN tokens, indicating their interest in the asset's growth potential. They have now sent their total holdings of 3.011 million $EIGEN tokens to Eigenlayer for staking, showcasing their belief in the long-term benefits of staking. The current price of $EIGEN has seen a slight increase, and the significant withdrawal and staking action by boby1337.eth could attract other investors and increase interest in staking within decentralized finance.

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