A certain whale sold 780,132 EIGEN at a loss of 2 million dollars in the past two days

According to Spot On Chain monitoring, a certain whale sold EIGEN at a loss of 2 million USD in the past two days. From October 8 to 18, 2024, the whale "0xce0" spent 1,198 ETH (approximately 2.9 million USD) to purchase 772,450 EIGEN at an average price of $3.76 per unit. After a price drop of 68% over the past five and half months, this whale sold off its holdings of EIGEN - totaling up to about780132 units (919000 USD) - for WBTC and $ETH in the last two days at an average price of $1.178 per unit; thus suffering a loss of approximately $2.01 million.