A cryptocurrency wallet that was previously inactive has become active again within the EigenLayer ecosystem.
After being dormant for more than two years, the wallet made a significant withdrawal of 1.6 million EIGEN tokens, which are valued at around $7.25 million, from Binance.
This sudden movement has attracted attention in the financial markets, indicating potential changes in investor behavior and market dynamics.
The large transaction could have implications for trading patterns and investor sentiment in the wider cryptocurrency landscape.