Institutional demand for EigenCloud rises 14%, pushing price up over 10%.

Institutional demand for EigenCloud (EIGEN) increased by 14% to $25.3 million in the last 24 hours, accompanied by rising whale accumulation. This surge in buying activity has driven EIGEN's price up more than 10%, making it one of the market's top performers recently. Technical indicators show positive momentum, but the next key resistance level at $0.316 must be surpassed to confirm a stronger bullish trend. Investors should watch for potential volatility near this resistance due to concentrated leveraged positions.