EigenLayer Ethereum withdrawal demand increases! The market is digesting the token EIGEN airdrop expectations

This site (120BtC.coM): EigenLayer’s withdrawal demand has increased gradually in the past three days, with a total of more than 120,000 ETH proposed. Although the quantity does not affect the operation of the protocol, it reflects the market behind it. As expectations for the airdrop of EIGEN tokens are being digested, this phenomenon is expected to continue for some time.

EigenLayer withdrawal demand increases

As EigenLayer announced that the first phase of the snapshot has ended and is preparing to issue airdrops, there has been a stable and larger withdrawal demand than in the past in recent days.

There have been 14,000 withdrawal requests in the past 72 hours, with a total of 40,000 ETH (about 120 million US dollars) withdrawn. The EigenLayer protocol currently still has 3.18 million ETH and LST, and the impact is approximately is 1.25%. EigenLayer Withdrawal Status

Market digests airdrop expectations

The market has high expectations for EigenLayer’s airdrops this year, but due to the indefinite lock-up mechanism and token allocation, most of them fall into the internal team Hands, causing injustice in the community.

After the evaluation of airdrop benefits gradually becomes clear, the market needs time to digest the excessive expectations, and some users have decided to take profits. It is estimated that more ETH withdrawals will be seen in the near future.

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