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Storm in $EIGEN Top fund pulled 16.5% of coins out of staking! 🚨
Panic is off, but we're keeping our ears to the ground. 7 hours ago, Polychain Capital withdrew a massive haul from the EigenCloud restaking contract — 122 million tokens worth $EIGEN $23.88 million.
Just a moment, that's 16.5% of the total circulating supply!
The coins are still sitting in the fund's wallets, but if those millions hit Binance or Coinbase — the order books will be wiped clean.
For now, we're on pause, waiting for the outcome. If the fund's wallets start moving — it’s time to short.
#eigen #eigencloud
Panic is off, but we're keeping our ears to the ground. 7 hours ago, Polychain Capital withdrew a massive haul from the EigenCloud restaking contract — 122 million tokens worth $EIGEN $23.88 million.
Just a moment, that's 16.5% of the total circulating supply!
The coins are still sitting in the fund's wallets, but if those millions hit Binance or Coinbase — the order books will be wiped clean.
For now, we're on pause, waiting for the outcome. If the fund's wallets start moving — it’s time to short.
#eigen #eigencloud
Saw this $EIGEN setup from Eliz and I’m honestly looking at it the same way.
Price already reacted nicely from the demand zone, but after a move like that, chasing here just feels bad R:R.
The cleaner play for me would be:
➠ pullback into the highlighted zone
➠ maybe a quick liquidity sweep / fake breakdown
➠ strong reclaim with volume confirmation
That’s where the long becomes interesting again.
Right now it’s more about patience than forcing entries.
If the setup confirms, I’d expect a quick scalp back toward local highs.
Until then… just watching the reaction closely.
$EIGEN
#EIGEN #EigenCloud
Price already reacted nicely from the demand zone, but after a move like that, chasing here just feels bad R:R.
The cleaner play for me would be:
➠ pullback into the highlighted zone
➠ maybe a quick liquidity sweep / fake breakdown
➠ strong reclaim with volume confirmation
That’s where the long becomes interesting again.
Right now it’s more about patience than forcing entries.
If the setup confirms, I’d expect a quick scalp back toward local highs.
Until then… just watching the reaction closely.
$EIGEN
#EIGEN #EigenCloud
Verified
MAJOR UPCOMING TOKEN UNLOCKS
#ZetaChain $ZETA #EigenCloud $EIGEN #KITEAI $KITE #FalconFinance $FF #Audiera $BEAT #Ethena $ENA #Zama $ZAMA #QuackAI $Q #Jito $JTO
#ZetaChain $ZETA #EigenCloud $EIGEN #KITEAI $KITE #FalconFinance $FF #Audiera $BEAT #Ethena $ENA #Zama $ZAMA #QuackAI $Q #Jito $JTO
Ms Puiyi:
Zeta unlocks always create some noise but rarely lead to sustained moves. Curious how Eigen will hold this week. Let's keep sharing ideas.
Kraken redeemed 50,600 ETH from EigenCloud 11 hours ago, worth about $107 million.
#ETH #EigenCloud #Kraken
#ETH #EigenCloud #Kraken
MAJOR UPCOMING TOKEN UNLOCKS
#Hyperliquid $HYPE #OfficialTrump $TRUMP #SUPERFORTUNE $GUA #Aster $ASTER #EigenCloud $EIGEN #KITEAI $KITE #Sui $SUI #FalconFinance $FF #Ethena $ENA
#Hyperliquid $HYPE #OfficialTrump $TRUMP #SUPERFORTUNE $GUA #Aster $ASTER #EigenCloud $EIGEN #KITEAI $KITE #Sui $SUI #FalconFinance $FF #Ethena $ENA
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