A whale/institution redeemed approximately 1.27 million EIGENs from the EigenLayer staking contract since 7 pm last night and sold them on the chain

Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, in October, a whale/institution purchased 8.917 million EIGENs at an average price of $3.64 for $32.45 million USD through 21 addresses. Since last night, EIGENs have been gradually redeemed and sold on the chain. Since 7pm last night, they have redeemed 1270507 EIGENs ($5.02 million) from the EigenLayer staking contract at 4 addresses and are selling them on the chain for ETH or USDC. A few days ago, when EIGEN rose to a high of $5.6, their 8.917 million EIGEN had a floating profit of $17.65 million, but now it has fallen back to near the cost line.