The largest Season 1 EIGEN claimant, boby1337.eth, made headlines today after withdrawing 1 million $EIGEN ($3.61M) from Binance roughly five hours ago.
After selling part of the 2.255 million tokens claimed from the airdrop on listing day, boby1337.eth has been steadily re-accumulating $EIGEN over the past two days.
The largest Season 1 EIGEN claimant, boby1337.eth, withdrew 1M $EIGEN ($3.61M) from Binance ~ 5 hours ago.
After selling part of the 2.255M tokens claimed from the airdrop on listing day, @0xBoby1337 has been re-accumulating $EIGEN over the past 2 days.
Now, the whale has sent… pic.twitter.com/NtcjxpPJP7
— Spot On Chain (@spotonchain) October 5, 2024
In a significant move, the whale has now sent the entirety of their 3.011 million $EIGEN (valued at $10.7M) to Eigenlayer for staking, signaling strong confidence in the platform’s future.
However, not all recent $EIGEN transactions have been positive. A wallet offloaded 1.67 million $EIGEN via MetaMask at $3.30 after receiving the tokens from the Eigenlayer team wallet.
A wallet sold all 1.67M $EIGEN via MetaMask at $3.3 after receiving it from the #Eigenlayer team wallet.
Address:
0xA7A1c66168cC0b5fC78721157F513c89697Df10D pic.twitter.com/H6EX40HXzh— Lookonchain (@lookonchain) October 4, 2024
Hacker Activity Involving A Total Theft Of $5.5 Million In $EIGEN
In a related but isolated incident, Eigenlayer reported that an email thread involving one of their investors was compromised by a hacker. The attacker took control of the investor’s email, resulting in the theft of 1,673,645 $EIGEN tokens, valued at $5.5 million.
Community Update:
In an isolated incident this morning, an email thread involving one investor’s transfer of tokens into custody was compromised by a malicious attacker.
As a result, 1,673,645 EIGEN tokens were erroneously transferred to the attacker’s address. The attacker…
— EigenLayer (@eigenlayer) October 4, 2024
The stolen tokens were sold through a decentralized swap platform, and the hacker converted the funds into stablecoins before transferring them to centralized exchanges.
Eigenlayer was casually paying out their VCs post TGE until they got scammed.
A hacker took over the email of one of these VCs & stole $5.5 mil in #EIGEN
To receive the payout, all you had to do is send an email to the team with an ETH address. They even did a test txn 🤣 pic.twitter.com/pBTthJSitq
— Duo Nine ⚡ YCC (@DU09BTC) October 5, 2024
Eigenlayer has since reached out to these exchanges and law enforcement, and a portion of the stolen funds has already been frozen. Importantly, the broader ecosystem remains unaffected by the breach, with no vulnerabilities found in the protocol or token contracts. The attack was unrelated to any onchain functionality, and Eigenlayer continues to investigate the situation while providing updates to the community as they become available.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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