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 - EconoTimes)
Unlock Amount: 171.80 million ENA tokens
Current Circulating Supply: 6.35 billion to 6.62 billion ENA
Estimated Value: $100 million
Date: Aug 5th, 2025
Ethena (ENA) underwent a significant token unlock today, August 5, 2025, with 171.8 million ENA tokens—worth approximately $100 million and comprising 2.6–2.7% of the total supply—released into circulation. This substantial release, one of the largest to date for ENA, has put the market on high alert for potential short-term volatility and increased selling pressure.
In the immediate aftermath of the unlock, ENA's price saw notable fluctuations. It initially rallied by up to 14% in anticipation of the event but subsequently dipped as the newly unlocked tokens entered the market. Over the past 24 hours, ENA's price has fallen by about 2.9%, and it is down 5.6% over the last week. Market participants are closely observing ENA, as elevated liquidity and potential sell pressure are expected to persist in the near term.Ethena (ENA) Experiences Volatility Following Major Token Unlock
|
Round |
% of Allocation |
|
Core Contributors |
+2.08% (+93.74M tokens) |
|
Investors |
+2.08% (+78.11M tokens) |
