EIGEN Token Vesting Update: Big Unlock Ahead with Bearish Market Sentiment!
Hello everyone! 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.
| Status | Amount (EIGEN) | Value (USD) | % of FDV |
|---|---|---|---|
| 🟢 Unlocked | 635.99 M | ~$115.05 M | 38.00% |
| 🔴 Locked | 552.30 M | ~$99.91 M | 33.00% |
| ⚫ Untracked | 485.36 M | ~$88.64 M | 29.00% |
⚡ 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 round:
- Investors: 19.75 M EIGEN (1.18%)
- Early Contributors: 17.07 M EIGEN (1.02%)
📉 Current Market Overview & Bearish Sentiment
The market is currently showing heavy selling pressure on EIGEN, and this upcoming unlock might add fuel to the fire.
- 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 InsightGiven 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).