CandleFocus PEPE Whale Faces EIGEN Loss: $407K Down After Selling 772K Tokens
2024-10-06
Author: Content Editor
A prominent crypto trader made a significant loss by selling $EIGEN tokens at a low price. The trader, who had previously shown success in the market, bought 909K $EIGEN tokens for 1,360 ETH ($3.24M) at an average price of $3.56. However, they sold 772K $EIGEN tokens for 988.5 ETH ($2.39M) at $3.10 per token, resulting in a loss of $407K. The remaining 139.8K $EIGEN tokens are now worth $449K. Despite previous successful trades, this loss highlights the volatility of the cryptocurrency market. Traders are now watching to see if the trader can regain their previous position of dominance.
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