Data: A certain whale/entity redeemed approximately 1.27 million EIGEN from the EigenLayer staking contract since 7 PM last night and sold it on-chain
ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, in October, 21 addresses spent 32.45 million USDC to purchase 8.917 million EIGEN at an average price of 3.64 dollars. Since last night, they have started to gradually redeem EIGEN and sell it on-chain. Since 7 PM last night, four addresses have redeemed 1,270,507 EIGEN (5.02 million dollars) from the EigenLayer staking contract and are currently selling it on-chain for ETH or USDC. A few days ago, when EIGEN peaked at 5.6 dollars, their 8.917 million EIGEN had an unrealized profit of 17.65 million dollars, but it has now fallen back near the cost line.