EigenLayer Hits Major Milestone with Launch of Slashing on Mainnet, Solidifying Its Role as Ethereum’s Trust Layer

A big step forward for Ethereum, EigenLayer has now launched slashing on Mainnet, meaning the security model is complete. This is a long-awaited upgrade. It is more than a just technical enhancement; it establishes EigenLayer as the backbone of “Verifiable Cloud.” From here on out, applications and services built atop EigenLayer will be able to … Read more

Whale Faces Heavy Losses After Depositing $EIGEN Tokens into Binance

A large quantity of $EIGEN tokens, approximately worth $3.18 million, has recently been transferred to Binance, the largest cryptocurrency exchange in the world by volume. A “whale,” or significant holder of cryptocurrency, moved the tokens into the exchange, while previously two months prior, the same whale withdrew 2 million $EIGEN tokens—then substantially higher in price … Read more

Dormant Wallet Activates With $9.03M EIGEN As EigenLayer TVL Nears $20B

A previously inactive crypto wallet has re-emerged with significant activity in the EigenLayer ecosystem. The wallet, dormant for over two years, withdrew 1.6 million EIGEN tokens—worth $7.25 million—from Binance, bringing its total withdrawals over the past 43 hours to 2 million EIGEN, valued at $9.03 million. These purchases were made at an average price of … Read more

Smartestmoney.eth Scores Big On EIGEN Investment With A 55% Profit 

The well-known crypto investor smartestmoney.eth has reportedly made a successful move in the Restaking ecosystem, leveraging his investment in EIGEN for substantial gains. Just 15 minutes ago, he transferred his entire holding of 1.307 million EIGEN tokens, valued at $5.09 million, to Binance, potentially to take profits. At the start of the month, smartestmoney.eth strategically … Read more

Qualia Research Institute’s Winslow Strong Allegedly Cashes Out $2.23M In EIGEN Tokens

Winslow Strong, director at the Qualia Research Institute, reportedly sold his remaining 704,902 EIGEN tokens, valued at approximately $2.23 million, through transactions with Amber Group and CowSwap. Recent trades included swapping 10,000 EIGEN tokens for 31,553 USDC via CowSwap and depositing 694,902 EIGEN (about $2.195 million) to Amber Group’s Binance deposit address. Between October 1 … Read more

Smart Money Targets $EIGEN As U.S. 2024 Election Concludes 

As the U.S. 2024 election draws closer, smart money is moving into $EIGEN, with a well-known crypto investor, smartestmoney.eth, making a significant accumulation. Over the past 35 hours, this experienced trader has withdrawn 1 million $EIGEN (valued at $2.47 million) from Binance at an average price of $2.473. This trader is known for their previous … Read more

Trader Accumulates $22M In $EIGEN Despite Price Drop; Community Concerns Emerge Over Executive Departure

In a notable move, the savvy trader known as boby1337.eth has amassed an impressive 8.16 million $EIGEN tokens, valued at approximately $22 million, over the past three days. Smart trader boby1337.eth accumulated 8.16M $EIGEN ($22M) over the past three days, despite a 15% drop in EIGEN’s price. He acquired these tokens through 4 transactions from … Read more