CandleFocus Why Winslow Strong’s EIGEN Sale Raises Market Speculation
2024-11-09
Author: Content Editor
Director of the Qualia Research Institute, Winslow Strong, has sold all of his 704,902 EIGEN tokens, worth $2.23 million, sparking rumors about his intentions and potential influence on EIGEN's pricing. He also sold a smaller amount of two other restaking coins, SWELL and ETHFI, raising further questions about his decision. Despite this, the price of EIGEN has seen a slight increase and strong market activity suggests continued optimism in the token. Additionally, a whale recently staked 1.63 million EIGEN tokens, demonstrating ongoing faith from important investors. Binance has also added EIGEN to its spot trading and Trading Bot operations.
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