EigenLayer ($EIGEN), a leading player in the re-staking space, was officially listed on several major centralized exchanges (CEXs) following its token unlock last night.
Trading opened this morning with an initial price of $4.05 and a fully diluted valuation (FDV) of $6.8 billion.
$EIGEN unlocked last night and finally went live for trading
Opening this morning at $4.05 and a $6.8B FDV pic.twitter.com/BhjDMo8Ega
— TylerD 🧙‍♂️ (@Tyler_Did_It) October 1, 2024
Several key market makers received substantial allocations of $EIGEN. FlowTraders secured 3.454 million tokens, while Auros Global received 1.6 million. Additionally, Galaxy Digital obtained 1.52 million tokens.
Today, @eigenlayer listed all big exchanges.
Who are the MMs of $EIGEN?
– @FlowTraders received 3.454M $EIGEN.
– @Auros_global received 1.6M $EIGEN.Besides that, #Galaxy_Digital also received 1.52M $EIGEN.
Address:https://t.co/kSpxyKSnrshttps://t.co/S76WAbZrjA pic.twitter.com/AaG2uynBwP
— The Data Nerd (@OnchainDataNerd) October 1, 2024
In a high-profile move, Justin Sun (@justinsuntron) deposited a total of 5.24 million $EIGEN, valued at around $21.5 million, to HTX within 20 minutes of the token being listed.
Justin Sun (@justinsuntron) deposited all 5.24M $EIGEN ($21.5M) to #HTX in the past 20 minutes after the token was listed on major exchanges today!
Notably, these tokens were claimed from @eigenlayer via 5 addresses in the past 24 hours!
Follow @spotonchain and set alerts for… pic.twitter.com/yWLaDMSDqr
— Spot On Chain (@spotonchain) October 1, 2024
These tokens were claimed from EigenLayer using five different wallets over the past 24 hours.
Notable $EIGEN Deposits Made By Top TradersÂ
Other smart traders also made notable deposits. HashKey Capital transferred 496,013 $EIGEN (worth $2.05 million) to Binance, while a wallet labeled “0x2fe,” speculated to be linked to renowned trader Gigantic Rebirth (GCR), deposited 253,947 $EIGEN ($1.06 million).
GCR(@GiganticRebirth) claimed an airdrop of 253,946 $EIGEN($1.06M) through 7 wallets and deposited all of it into #Binance 40 minutes ago. #GCRhttps://t.co/A95MqjxUT6 pic.twitter.com/gs9KhMjM5r
— Lookonchain (@lookonchain) October 1, 2024
GCR had previously claimed an airdrop of 253,946 $EIGEN through seven wallets and transferred the entire amount to Binance.
Besides Justin Sun, two more smart traders also deposited 749,960 $EIGEN ($3.11M) to #Binance in the past hour:
1/ @HashKey_Capital deposited 496,013 $EIGEN ($2.05M).
2/ Wallet “0x2fe” (likely the legendary #GCR @GiganticRebirth) deposited 253,947 $EIGEN ($1.06M).
Follow… https://t.co/fMsVUskqMs pic.twitter.com/BCUxxhR779
— Spot On Chain (@spotonchain) October 1, 2024
In the last few hours, two large whales bought a combined 702,324 $EIGEN, totaling approximately $2.86 million. Wallet “0x2dcd” spent 588 ETH (around $1.55 million) to acquire 383,672 $EIGEN at $4.05. Meanwhile, wallet “0xb112” used 1.31 million USDC to purchase 318,651 tokens at $4.10.
2 whales bought 702,324 $EIGEN($2.86M) in the past 4 hours!
0x2dcd spent 588 $ETH($1.55M) to buy 383,672 $EIGEN at $4.05.https://t.co/QtcgQQJfSR
0xb112 spent 1.31M $USDC to buy 318,651 $EIGEN at $4.1.https://t.co/qy5SoAuuru pic.twitter.com/Dzt65tYwJT
— Lookonchain (@lookonchain) October 1, 2024
.
As trading activity picks up, the momentum behind $EIGEN shows no signs of slowing down.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: jruiz1108/123RF // Image Effects by Colorcinch
