EIGEN Token Vesting Update: Big Unlock Ahead with Bearish Market Sentiment!

Hello Hive & LeoFinance community! Today, let's take a look at the latest on-chain vesting and market data for $EIGEN (EigenLayer). With a significant token unlock scheduled in just 2 days, we might expect some high volatility.

Here is the comprehensive data compiled from DropStab:

Current Vesting Progress

Currently, only 38.00% of the total FDV has been unlocked and introduced into the market.

Upcoming Token Unlock (In 2 Days!)

In exactly 2 days, a total of 36.82 M EIGEN (valued at approximately $6.66 M) will be released. This accounts for 2.20% of the Total Supply or 4.45% of the current Market Cap.

The unlock will be distributed into 2 rounds:

• Investors: 19.75 M EIGEN (1.18%)
• Early Contributors: 17.07 M EIGEN (1.02%)

Current Market Overview & Bearish Sentiment

• Market Cap: $149.61 M (Rank #156)
• FDV: $331.17 M (Rank #147)
• 24h Trading Volume: $12.14 M
• Circulating Supply: 827.05 M EIGEN (45.30% of 1.83 B Total Supply)

Price Performance:

• 1h: +0.75% 🟢
• 24h: -9.60% 🔴
• 7d: -24.63% 🔴
• 1m: -21.34% 🔴

💡 Trading Insight

Given that the current market sentiment is explicitly Bearish and the asset has lost over 24% of its value in the last week, introducing 4.45% worth of market cap supply could trigger a temporary short-term dilution. Traders should exercise strict risk management and watch the order books closely over the next 48 hours.What are your thoughts on $EIGEN? Will you buy the dip or wait for the post-unlock stabilization? Let's discuss in the comments below!

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR).