Polychain withdrew EIGEN from staking about 3 months ago.

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Polychain withdrew
EIGEN from staking about 3 months ago. 14.65 million ($3.09 million) EIGEN were transferred to Coinbase Prime 6 hours ago.

By the end of May, they redeemed 131.8 million EIGEN, of which 46.86 million was restaked about a month ago; 14.65 million was transferred to Coinbase Prime today; and the remaining 70.29 million is being held in an address.

Transferred to Coinbase Prime addresses:
0xEd2f512b35C53C0e90804C8cf846Fae91E10AAf1
0xC46E5520C7FcCE7Bf00eB5edB02597f65DC15f91

余烬Ember

122 million EIGEN ($23.88 million) was unlocked for redemption from staking 7 hours ago, representing 16.5% of EIGEN's circulating supply. Keep an eye on the subsequent movements of these coins.

7 hours ago, it appears to be a batch from the investment firm Polychain, which unlocked 122 million EIGEN ($23.88 million) from the staking contract of the leading re-staker EigenCloud (formerly known as EigenLayer).

Currently, these EIGEN are still in the address with no further transfers. These coins originate from the 2024 investment allocation, and Polychain is one of the lead investors in EigenCloud.

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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