Justin Sun Buys $EIGEN Token, Interests Of Big Traders And Institutions Increase

Justin Sun buys EIGEN Tokens, the interest of large traders and institutions increases (Cryptomist)

JAKARTA - Within hours of the end of the token lockdown period, a number of prominent traders began to make large deposits to the Binance platform. Among them, Justin Sun, the founder of TRON, became one of the pioneers who made significant deposits, which hadhKey Capital and other well-known traders followed. This move marks an increase in interest in tokens of $EIGEN among retail investors, whales (whale), to large financial institutions.

Reporting from Blockchain Reporter, one of the largest deposits in the last 24 hours was made by HashKey Capital, with a total of 496,013 $EIGEN, equivalent to about 2.05 million US Dollars (around Rp31 billion). This investment shows HashKey Capital's trust in the potential token $EIGEN to provide a healthy advantage in the crypto market.

In addition, a well-known trader with wallet address 0x2fe, associated with GCR (Global Coin Research), also deposits 253,947 $EIGEN worth 1.06 million US Dollars (around Rp. 16 billion). GCR is known as a smart trader and has influence in the crypto world, thus this move increases the credibility of $EIGEN in the eyes of the crypto community.

However, these two deposits are still less significant than Justin Sun's deposit, which reached 21 million US Dollars (around Rp. 319 billion). Justin Sun was previously the first to make a large deposit to a centralized exchange, possibly with the intention of selling some of his portfolio ahead of the potential increase in crypto prices during the bull run.

The total deposits from these traders reached 749,960 $EIGEN or about 3.11 million US Dollars (Rp47 billion). This increase in activity attracted the attention of the crypto community, indicating a positive hope for the future performance of $EIGEN.

The surge in interest in $EIGEN can also be linked to market trends, where traders are looking for promising new projects. Support from influential figures such as Justin Sun, HashKey Capital, and GCR further strengthens the belief that $EIGEN has the potential for price growth and wider use.