$EDEN - Note
EDEN’s strong growth over the past few days has been largely driven by an event on 10/08/2026, when South Korea’s largest exchange, Upbit, officially listed EDEN along with several other tokens. Accessing large retail liquidity flows in South Korea often creates sudden spikes in buy volume.
Upcoming Token unlock event: The market currently has a certain level of caution, as leaked information suggests there will be an unlock of roughly 40 million EDEN tokens expected on August 15, 2026. This new supply flooding into the market may be the reason the speculators chose to take profits early, resulting in the large wick candle shown on the chart.
Delisting information from some smaller exchanges: The exchange Phemex has announced it will delist the EDENUSDT futures pair on August 17, 2026. Although it does not affect major exchanges like Binance, this news has also to some extent led derivatives traders to reduce their positions.
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