Eigenbuyer Faces Significant Losses As EIGEN Value Drops

According to BlockBeats, monitoring data from lmk.fun reveals that prominent EigenLayer supporter Eigenbuyer accumulated 11.21 million EIGEN tokens in October of last year, with an average entry price of $3.10 per token. All of these tokens were staked, resulting in a profit exceeding $27 million at one point. However, as the value of EIGEN has fallen to $1.70, Eigenbuyer now faces an unrealized loss of $16 million.