Yesterday was New Year's Eve (UTC+8 time), and an interesting on-chain activity drew attention. According to on-chain data monitoring, around 04:42 on December 31, 5.8584 million EIGEN tokens (approximately $2.1134 million) suddenly transferred from a certain DEX platform to an anonymous wallet address.
Even more interesting is that just five minutes later, the same address transferred back 5.8213 million EIGEN tokens (worth about $2.106 million) to the DEX. This rapid in-and-out operation has sparked market speculation about the behavior of large holders—whether it was liquidity testing, arbitrage, or other strategic position adjustments.
From the data, the loss amount is minimal (only a difference of about $200,000+), and the transfer speed is quite fast. Such precise operational rhythm often hints at a clear purpose behind it. For those interested in the EIGEN ecosystem and the movements of DeFi whales, these on-chain footprints are worth paying attention to.
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NFT_Therapy
· 8h ago
Damn, 2.1 million in 5 minutes, this move is really aggressive
The big players are pulling this stunt on New Year's Eve, either testing or probing liquidity
A $200,000 loss? Not worth mentioning, brother
I didn't quite understand EIGEN's move, but it feels complicated
This on-chain footprint... I always feel like something big is brewing
Entering and exiting tens of millions of EIGEN in 5 minutes, is this the daily operation of big players?
Still watching DEX data on New Year's Eve, these whales really don't sleep
On-chain activities precise to the second, there must be a story behind it
Oh my god, $2.1 million just went in and out like that...
I'm a bit suspicious whether this is just testing market reactions or if there's really arbitrage potential
View OriginalReply0
HashBard
· 11h ago
ngl this reeks of either a whale testing waters or someone's expensive flash loan cosplay... either way, 20k usd yeet for 5 mins of chain theater is kinda unhinged lol
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MemeKingNFT
· 11h ago
This rhythm, such a sharp tongue but soft heart. Making a 200,000 loss in 5 minutes with quick in and out, and still remaining calm? Truly the demeanor of a big player.
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The rise and fall of the mainland has been around for a long time, and now it’s happening on the chain as well. Precise to the second operations, probably sending signals to someone.
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What does losing 200,000 mean? It shows that this guy doesn’t really treat money as money. That’s the power of capital.
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Honestly, this kind of nighttime operation makes my scalp tingle. Liquidity testing? Arbitrage? I bet this is just to absorb the stock.
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The story of EIGEN is still far away. These on-chain footprints will eventually be fully understood by me.
View OriginalReply0
PretendingToReadDocs
· 11h ago
5 minutes in and out with $2.11 million, how bored must you be?
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It's another big player playing tricks, feels like they're testing the market reaction.
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Why do I always feel like this kind of operation is sending signals to certain people...
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Only losing over $200,000? How is this calculation done? It doesn't seem that simple.
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Precise operation at 4:42 AM, this kid's mind is really detailed.
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EIGEN's recent market movement is really outrageous, big players are starting to play games.
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Such obvious on-chain footprints, do they really want to be discovered?
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Fast in and out in 5 minutes, anyone who sees this operation knows there's a problem.
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The liquidity on DEX must be very low, this can be detected.
View OriginalReply0
BtcDailyResearcher
· 11h ago
This guy finished in 5 minutes, definitely has some skills.
The big players are using this set on New Year's Eve, really have some ideas.
But a loss of 200,000 USD might just be considered a fee for them...
What's going on with EIGEN these days? Is there insider information?
Wait, is this testing liquidity or the final move before dumping...
Such precise operations look very professional, definitely not retail investors.
Fast in and out in 5 minutes, quicker than my trading, truly a master skill.
View OriginalReply0
RamenStacker
· 11h ago
These five minutes can lose over 200,000 yuan, how idle must a big investor be?
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Playing tricks on New Year's Eve like this, they really treat DEX as their own wallet.
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Have you ever seen such fast flash loans... Wait, isn't this a flash loan?
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EIGEN playing like this, probably testing out some new feature.
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Losing 200,000 yuan just to prove you're rich, that's a bit outrageous.
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Being able to precisely operate such a large amount within 5 minutes, there must be some tricks behind it.
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Another big investor manipulating on the chain, retail investors just watch the show.
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The purpose of this move is quite hidden, waiting for subsequent fermentation.
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DEX liquidity being played like this, no wonder there are always accidents.
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Millions of dollars as toys, really craving the wallets of small retail investors like me.
View OriginalReply0
CryptoComedian
· 11h ago
5 minutes in and out over 2 million, is this guy really testing liquidity or testing our IQ?
The big whale trading at 4:30 AM, sure enough, crossing the year-end with a new twist, made me laugh to death.
Over 200,000 USD in losses, for them it's just scene music money, what about us?
This rhythm is unbelievably precise, feels like there's a story behind it but also seems like there's nothing at all.
The art of quick in and out, a behavioral art exhibition in the crypto circle for big whales.
Yesterday was New Year's Eve (UTC+8 time), and an interesting on-chain activity drew attention. According to on-chain data monitoring, around 04:42 on December 31, 5.8584 million EIGEN tokens (approximately $2.1134 million) suddenly transferred from a certain DEX platform to an anonymous wallet address.
Even more interesting is that just five minutes later, the same address transferred back 5.8213 million EIGEN tokens (worth about $2.106 million) to the DEX. This rapid in-and-out operation has sparked market speculation about the behavior of large holders—whether it was liquidity testing, arbitrage, or other strategic position adjustments.
From the data, the loss amount is minimal (only a difference of about $200,000+), and the transfer speed is quite fast. Such precise operational rhythm often hints at a clear purpose behind it. For those interested in the EIGEN ecosystem and the movements of DeFi whales, these on-chain footprints are worth paying attention to.