Whale Claims and Sells Millions in Airdropped Tokens: ChainCatcher Report

Whale’s Massive Transactions Unveiled

Key Highlights:

Recent findings by on-chain analyst Yu Jin have uncovered that a significant whale or institution has made notable moves in the cryptocurrency market. Over the last 5 hours, this entity reportedly claimed and sold a staggering $3.81 million worth of EIGEN and PUFFER airdrops.

Behind the Whale’s Cryptocurrency Ventures

Insights into the Transactions:

Records show that this whale previously transferred $80 million in stablecoins to Bitfinex and Binance between January and May this year. The funds were used to acquire 30,400 ETH, with 33,300 ETH subsequently deposited into Puffer across 9 different addresses to earn EigenLayer and Puffer points. Following the issuance and airdrop of tokens by EigenLayer and Puffer, the whale has now claimed 826,000 EIGEN ($2.76 million) and 2.08 million PUFFER ($1.05 million) through these addresses.

Current Holdings of the Giant Whale/Institution

Overview of Assets:

Presently, this whale/institution holds 43,300 ETH ($11.4 million) and 1.114 million UNI ($8.64 million) in its cryptocurrency portfolio.

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