TechFlow news, April 2: According to on-chain analyst EmberCN (@EmberCN), an investor purchased 8.917 million EIGEN tokens for $32.45 million across 21 addresses in October last year, at an average price of $3.64.
At the end of December, this investor sold 2.417 million EIGEN tokens at an average price of $3.77, receiving 9.12 million USDC, then used the funds to buy 295,000 HYPE tokens at $30.9 each.
Recently, the investor sold 2.862 million EIGEN tokens at $1.068 each, exchanging into 31.6 WBTC.
To date, their portfolio consists of 295,000 HYPE tokens, 3.638 million EIGEN tokens, and 36.1 WBTC, with a total value of approximately $10.03 million, representing a loss of $22.42 million from the initial investment.
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