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Boby1337’s Big Moves: $7.8M EIGEN Withdrawal From Binance

Just an hour ago, well-known Ethereum user boby1337.eth (@0xBoby1337) made headlines by withdrawing 2.4 million EIGEN tokens valued at $7.8 million from Binance.

This latest transaction comes on the heels of a significant activity streak, indicating that boby1337 is actively reshuffling his assets.

In the past five days alone, he has deposited 6,320 ETH, worth approximately $16.45 million, into Binance. This recent influx of EIGEN tokens likely stems from profits generated after his ETH transactions.

On October 5, boby1337 previously withdrew 1 million EIGEN (approximately $3.63 million) from the exchange. Following that withdrawal, he staked 3.01 million EIGEN (valued at around $10.9 million) into EigenLayer. The breakdown of his stake shows that 1 million EIGEN was withdrawn from Binance, while the remaining 2.01 million were acquired through airdrops.

3.4 Million EIGEN Withdrawn From Binance

Since the start of October, boby1337 has pulled out a total of 3.4 million EIGEN (approximately $11.43 million) from Binance, with an average price of $3.36 per token.

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This series of strategic withdrawals and deposits suggests that boby1337 is capitalizing on favorable market conditions, positioning himself for future gains. As the cryptocurrency landscape continues to evolve, traders like boby1337 highlight the dynamic strategies being employed by active participants in the market. His movements not only reflect personal investment tactics but also serve as a bellwether for broader trends in asset allocation among cryptocurrency investors.

◎ Currently, he holds 5.454 million EIGEN ($17.51M).

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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Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

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