$PEPE Whale Faces EIGEN Loss: $407K Down After Selling 772K Tokens - Blockchain Reporter Analytics

Irma - Oct 6 - - Dev Community

A prominent crypto trader, known for successful trades, recently took a hit by selling 772K $EIGEN tokens at a loss. After buying 909K $EIGEN for 1,360 ETH ($3.24M), the whale sold most of the tokens for $2.39M, incurring a $407K loss. The remaining 139.8K $EIGEN tokens are now worth $449K, raising questions about the decision to sell.

This whale previously saw huge gains, making $60M from $PEPE with a 1203% increase and earning $5.8M from $ONDO (+288%) and $1.85M from $BEAM (+72%). Despite the $EIGEN loss, the whale's $$PEPE oldings are still valued at over $31M.

The crypto community is now watching to see if the whale will recover from this loss and continue dominating the market as before.

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