111,456 ETH was withdrawn from Eigenlayer and transferred to Binance and OKX via Matrixport.

PA一线
PA一线

PANews reported on August 23 that according to monitoring by on-chain analyst Ember, 111,456 ETH (about US$538 million) was withdrawn from staking on Eigenlayer in the past 20 hours, then transferred to Matrixport in the past 3 hours, and then transferred from Matrixport to Binance and OKX in the last hour.

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After the SIREN controller dumped the tokens, they bought back the remaining tokens at a low price, resulting in a 96% price drop due to the turnover of 680 million tokens.
PANews Newsflash