Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
EDEN has dropped by 6092.44% over the past year during a period of intense market volatility.

EDEN has dropped by 6092.44% over the past year during a period of intense market volatility.

Bitget-RWA2025/10/16 05:20
By:Bitget-RWA

- EDEN plummeted 121.4% in 24 hours on Oct 16, 2025, with 6092.44% annual losses amid accelerated sell-offs. - Analysts attribute the decline to structural market shifts rather than regulatory changes or external shocks. - Technical indicators confirm prolonged bearish trends, with 606.06% 7-day losses signaling deteriorating investor confidence. - Market participants question EDEN's structural sustainability despite no official explanations from the issuing entity.

On October 16, 2025, EDEN experienced a sharp decline of 121.4% in just 24 hours, dropping to $6.55. Over the course of 7 days, the asset fell by 606.06%, and over the past month and year, it plummeted by 6092.44%.

The significant drop in EDEN’s value throughout the last year has captured the attention of investors and traders worldwide. The asset has undergone a steep downward trend, which intensified recently and led to the substantial loss recorded on October 16, 2025. While analysts have not provided forecasts for its future trajectory, they have pointed out that the decline could be tied to broader market trends and fundamental changes impacting the asset’s core value.

Technical analysis indicates that the bearish momentum is persisting, as prices have not managed to reclaim former resistance levels. The 7-day cumulative drop of 606.06% highlights the swift erosion of investor confidence. The 1-month loss of 6092.44% further suggests that this is more than a temporary correction, but rather a significant shift in the market’s outlook. These price movements appear to be driven mainly by internal factors, with no evidence pointing to regulatory or external market events as the cause.

EDEN’s recent performance has sparked concerns about the viability of its current framework and the reasons behind such a dramatic price swing. Although the issuing organization has not released any official comments, the market’s response signals a major reevaluation of the asset’s risk and potential returns. Without available data on trading volume or volatility, further insights are limited, but the scale of the price drop clearly demonstrates a substantial and immediate loss in value.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Tops 2025 Dev Growth, Solana and Bitcoin Follow

Quick Take Summary is AI generated, newsroom reviewed. Ethereum added 16,181 new developers from Jan-Sept 2025, topping all other ecosystems. The network maintains the largest active developer base overall with 31,869, followed by Solana's 17,708. The data from Electric Capital highlights new developers overwhelmingly prefer the Ethereum ecosystem. Solana and Bitcoin also show strong momentum with 11,534 and 7,494 new developers, respectively.References according to Electric Capital data, from January to S

coinfomania2025/10/16 11:27

James Wynn Liquidated, Machi Big Brother Loses $53M on Hyperliquid

Quick Take Summary is AI generated, newsroom reviewed. A sudden market dip on October 16 caused massive liquidations on Hyperliquid. Trader James Wynn's entire portfolio was wiped out due to exhausted margin on leveraged longs. Machi Big Brother lost over $53 million with 21.5x leveraged long positions on ETH. The incident underscores the severe risks of using extreme leverage in volatile crypto markets.References The sudden market dip just wiped out all positions of @JamesWynnReal and partially liquidated

coinfomania2025/10/16 11:27

Citi plans crypto custody from 2026

CryptoValleyJournal2025/10/16 10:54
Citi plans crypto custody from 2026