$EIGEN almost at the bottom, while someone at the same time is withdrawing millions from Coinbase 🤫🤫🤫‼️
4 days ago, the wallet 0x7C8 withdrew 33.644M
$EIGEN again, roughly for $6.06M.
But the most interesting part is that it didn’t send them to another CEX.
The entire amount went to a custody wallet.
Now it already has 52.068M
$EIGEN .
And this is happening at a very interesting moment.
The price
$EIGEN is only about 10% above this year’s minimum level.
That creates quite an unusual picture.
Price is near the bottom, while a large volume is, conversely, leaving the exchange.
This doesn’t yet mean that someone is definitely accumulating.
But if these 52M tokens truly stay outside CEXs, the sellable supply available to the market becomes noticeably smaller.
And if the next step is similar—another large withdrawal—the story will get even more interesting.
But there’s also the other side.
If these tokens suddenly start returning to exchanges, the whole bullish signal could quickly turn into the opposite.
Would you put it on your watchlist right now?
#EIGEN #OnChain #Crypto