Whale Deposits 8 Million EIGEN to Binance, Eyeing $596K Profit Amid Market Pullback
By: bitcoin ethereum news|2025/05/13 14:15:05
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On May 13th, data from Spot On Chain reveals a significant transaction in the cryptocurrency market, as a prominent whale has transferred 8 million EIGEN to Binance, a move valued at approximately 10.1 million USD . This transaction suggests a strategic profit-taking, potentially securing a profit of 596,000 USD or 6.34% shortly after acquiring the assets. Despite the recent market downturn, where EIGEN has seen a decline of 11.2% over the past 24 hours, the whale maintains a considerable position, still holding 10.9 million EIGEN , estimated at 13.5 million USD . This equates to an unrealized profit of 712,000 USD , underscoring the whale’s confidence amidst fluctuating market conditions. Investors would do well to monitor these developments closely as they may influence market sentiment moving forward. Source: https://en.coinotag.com/breakingnews/whale-deposits-8-million-eigen-to-binance-eyeing-596k-profit-amid-market-pullback/
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