EIGEN: ANOTHER $8.7M UNLOCK TODAY
EIGEN will unlock 36.82 MILLION tokens today, worth ~$8.7 million, representing about 6.15% of circulating supply.
Why this matters: A much larger unlock relative to supply compared to SUI. This creates higher risk of price volatility and potential selling pressure as supply hits the market. EIGEN is one of the top three tokens in this week's $73 million unlock wave.
TRADING SETUP – EIGEN/USDT:
Level Price Action
Entry Monitor for breakdown or bounce after unlock (12:00 PM UTC+8)
TP1 +10% from entry
TP2 +18% from entry
SL -6% from entry
⚠️ Risk Note: At 6.15%, this unlock is larger relative to circulating supply – expect higher volatility. Market makers often price in these events in advance.
