South Korea’s Bithumb exchange has announced it will terminate trading support for Eclipse (ES), the native token of the privacy-focused blockchain project. The delisting takes effect on a date the exchange will confirm in a separate notice – holders have a limited window to move their tokens before withdrawals are also cut off.
Eclipse is a relatively small-cap asset. Its market depth on Bithumb was thin even before today’s news, and the delisting could accelerate a price slide. The exchange cited its routine review criteria: trading volume, project development activity, and community transparency. By those metrics, Eclipse fell short.
This is not a sudden crash. Bithumb publishes a monthly “caution” list and then a final removal timeline. Projects that land on that list usually see a steep drop in liquidity as traders front-run the exit. Eclipse holders who want to avoid being stuck should check the exact suspension schedule and withdraw before the deadline.
The move adds to a pattern of Korean exchanges tightening their asset listings. Regulators in Seoul have pushed for stronger investor protection rules, and platforms like Bithumb have responded by pruning tokens that lack clear fundamentals or consistent usage. Eclipse’s trading pairs – ES/KRW and ES/BTC – will be removed. After that, only manual withdrawal requests will be possible, and only for a short grace period.
What happens next? The token could migrate to smaller decentralized exchanges, but liquidity there is often poor. For traders, the practical watch item is the final withdrawal cutoff. Bithumb says it will publish the end-of-support date at least a week in advance. Anyone still holding ES on the exchange after that date risks losing access to their tokens entirely.
For now, the market reaction is muted – ES barely moved on the news, likely because most active traders had already rotated out. That itself is a indicator: the token’s real volume had already dried up before the official delisting. The bottom line for holders is simple: move the tokens, or lose them.
Bithumb to End Trading Support for Eclipse (ES)
Bithumb will end trading support for the Eclipse (ES) cryptocurrency. This removal indications reduced availability and liquidity for the token on the exchange.