Investors who staked 11.21 million EIGEN at an average price of $3.1 are currently facing a floating loss of $16 million due to the decline in token price.

PANews reported on February 8th that, according to lmk.fun monitoring, the well-known $EIGEN supporter @eigenbuyer accumulated a total of 11.21 million $EIGEN tokens at an average price of about $3.1 in October last year, and staked them all, never selling during the period. Despite briefly achieving a profit of $27 million, the current price drop to $1.7 has resulted in a paper loss of $16 million.