A crypto whale recently dumped 2 million $EIGEN tokens worth $3.18 million into Binance, resulting in a major financial setback for the trader. The whale had purchased the tokens for $4.53 each two months ago, with a total portfolio value of $9.07 million. However, the current price of $EIGEN at $1.59 has caused the trader to lose $5.89 million within the two-month period. The sudden selling action has raised concerns about the investor's intentions, as well as the potential impact on market sentiment and further selling. The event highlights the unpredictability and volatility of the crypto market, leading investors to approach future market movements cautiously.



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