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 at $4.53 per token. Despite this extra boost of tokens appearing on the Binance exchange, the actual market price of $EIGEN has dropped 64.8% since December 1, 2022, with the current trade showing at just $1.59. After a direct two-month comparison, that represents a token
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