Key Milestone for the Ethena Ecosystem: Upcoming ENA Token Unlock Event to Release Over $10 Million in Value

ENA
ENA
-1.22%

On-chain data indicates that Web3 staking derivatives protocol Ethena is set for a significant ENA token unlock. Specifically, approximately 40.63 million ENA tokens will be released at 15:00 (UTC+8) on June 2. At current market prices, the value of these unlocked tokens is estimated at $15.93 million. Notably, this unlock represents only 0.7% of ENA’s total circulating supply, suggesting a relatively limited impact on the market. Investors are advised to closely monitor this event for its potential effect on the price of ENA tokens.

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24hour-high
$0.6329
24hour-volume
$13.24M
alltime-high
$1.52
alltime-low
$0.194
market-cap--f
45.93%
fdv
$9.37B
24hour-low
$0.5723
market-cap
$9.37B
circulating-s
6.88B ENA
total-supply
15.00B ENA
max-supply
15.00B ENA
market-sentim
positive
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