Altcoin Bull Regrets: Didn't Sell at the Peak, Price Drops by 70%! - Coin Bulletin

The altcoin bull, who made millions of dollars in a short time but pushed it away, regretted his decision.

According to information conveyed by LMK Fun, an Eigenlayer (EIGEN) whale, despite making a large profit immediately after the launch of the altcoin market last year, did not make any sales and incurred losses.

According to the data, the EIGEN investor Eigenbuyer: 0x35…fad2 collected an average of 3.1 dollars with 11.21 million EIGEN in October last year. Despite the EIGEN bull reaching the all-time high price of (ATH) at 5.65 dollars, it did not make any sales despite making a profit of 27 million dollars with this investment.

However, experiencing a significant drop of 70% from the peak, causing EIGEN price to plummet to $1.7, left the investor regretting this decision. With this decline, the whale's current position turned into a $16 million loss.

EIGEN, according to CoinGecko data, is trading at 1.68 dollars, only %7 higher than the all-time low level of (ATL), which was 1.58 dollars at the time of writing the article.