Polychain Transfers 14.65M EIGEN to Coinbase Prime

August 26 — On-chain analyst Ember monitoring shows that Polychain transferred 14.65 million EIGEN ($3.09 million) to Coinbase Prime 6 hours ago, out of tokens redeemed from staking 3 months ago. Of the 131.8 million EIGEN redeemed at the end of May, 46.86 million were re-staked 1 month ago, 14.65 million were moved to Coinbase Prime today, and 70.29 million remain in the address.