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Smartestmoney.eth Transfers 1.3 Million EIGEN Tokens to Binance, Potentially Making $1.84 Million Profit

ETHETH · Live data
$1,900 −1.46%
  • 24h Volume$13.53B
  • 24h Low / High$1,878 / $1,989
  • Long/Short4.31
  • Funding Rate+0.0003%

Data provided by COINOTAG DATA

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In a significant maneuver within the crypto market, the address smartestmoney.eth has executed a transfer of 1.307 million EIGEN tokens to Binance, reflecting a transaction valued at approximately $5.09 million. This transfer follows the acquisition of these tokens earlier this month at an average price of $2.54 per token. Over recent weeks, EIGEN has exhibited a notable price increase, currently trading at around $3.95, providing a tangible opportunity for profit. Should smartestmoney.eth decide to liquidate these holdings, the projected profit from this investment could amount to a substantial $1.84 million. The movements of this address are being closely monitored by market analysts, highlighting the potential impacts of such transactions on EIGEN’s market dynamics.

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