9 million USD EIGEN withdrawal: A dormant wallet has withdrawn over 9 million USD in EIGEN tokens from Binance after being inactive for two years. The transaction included 2 million EIGEN tokens, valued around 9.03 million USD, alarming the crypto community about potential upcoming market movements.
Market reaction to wallet activity: This unusual activity from the wallet, which previously only withdrew 8.89 SSV, is drawing attention. Analysts are pondering if this signifies potential market manipulation or genuine institutional interest, highlighting the importance of tracking significant transactions to understand their impact on market dynamics.