$ENA At the beginning of September, there is still supply to be released. Don’t sit and wait for the market maker to pump it for you.
The price just swept 0.18997 and then dropped back to around 0.160. Many people thought the Foundation news on 8/27 meant “no more selling, only pumping.” If you read the numbers, that’s not the case.
• Total fixed supply: 15 billion. Circulating supply: 9.83 billion — only 65.5%. About 1/3 has not reached the market yet. • Old schedule: early September still has unlocks. One tracker shows about 275 million $ENA (~1.8% of total supply, nearly 3% of market cap). Another tracker shows a lower figure. No matter which number you use, it’s still fresh supply coming into the market, not a burn. • On 10/5, the remaining locked investor allocation is released all at once, and then the monthly sell schedule ends. The team still unlocks gradually until 2028. The Foundation says that after the deal, about 12% remains locked — not counting the StablecoinX wallet with ~20% of supply, which has its own schedule. • Token buyback machine: there is a proposal, but it has not started yet. The first milestone requires USDe to reach about $7.5 billion. USDe is currently around $4.0–4.1 billion, down from a peak of about $14.8 billion in 10/2025. It still needs roughly $3.5 billion more minted before buyback has a chance to kick in.
What the 8/28 session said on the candlestick chart:
• From 8–9 AM, volume was more than 3x the previous hour, with a peak at 0.18997, and sellers won. • From 10–11 AM, buyers did step in, with a low of 0.15665 and then a close back around 0.160. • Price is currently sitting right near the 0.161–0.165 cluster. 15-minute volume after 11:45 AM was weak (~0.5x average). This is not a “nonstop pump” candle.
Key levels being discussed:
• Below: 0.15665 (session low) → 0.152 → 0.1476 (4-hour candle on 8/27 closed at 0.14763)
• Above: 0.1644 (4-hour candle on 8/28 close) → 0.1689 → 0.190
Straight view: the 8/27 news deals with the monthly overhang, but it does not wipe out the 9/1–9/2 unlocks, and it does not turn this into a money printer before USDe gets to $7.5 billion. If you already have profit from the move from 0.14 to 0.16–0.19, take some off the table. Going full-size while waiting for “the guys to pump it” just lets the unlocked supply take back your gains. #45NgayTuDoTaiChinh
The price just swept 0.18997 and then dropped back to around 0.160. Many people thought the Foundation news on 8/27 meant “no more selling, only pumping.” If you read the numbers, that’s not the case.
• Total fixed supply: 15 billion. Circulating supply: 9.83 billion — only 65.5%. About 1/3 has not reached the market yet. • Old schedule: early September still has unlocks. One tracker shows about 275 million $ENA (~1.8% of total supply, nearly 3% of market cap). Another tracker shows a lower figure. No matter which number you use, it’s still fresh supply coming into the market, not a burn. • On 10/5, the remaining locked investor allocation is released all at once, and then the monthly sell schedule ends. The team still unlocks gradually until 2028. The Foundation says that after the deal, about 12% remains locked — not counting the StablecoinX wallet with ~20% of supply, which has its own schedule. • Token buyback machine: there is a proposal, but it has not started yet. The first milestone requires USDe to reach about $7.5 billion. USDe is currently around $4.0–4.1 billion, down from a peak of about $14.8 billion in 10/2025. It still needs roughly $3.5 billion more minted before buyback has a chance to kick in.
What the 8/28 session said on the candlestick chart:
• From 8–9 AM, volume was more than 3x the previous hour, with a peak at 0.18997, and sellers won. • From 10–11 AM, buyers did step in, with a low of 0.15665 and then a close back around 0.160. • Price is currently sitting right near the 0.161–0.165 cluster. 15-minute volume after 11:45 AM was weak (~0.5x average). This is not a “nonstop pump” candle.
Key levels being discussed:
• Below: 0.15665 (session low) → 0.152 → 0.1476 (4-hour candle on 8/27 closed at 0.14763)
• Above: 0.1644 (4-hour candle on 8/28 close) → 0.1689 → 0.190
Straight view: the 8/27 news deals with the monthly overhang, but it does not wipe out the 9/1–9/2 unlocks, and it does not turn this into a money printer before USDe gets to $7.5 billion. If you already have profit from the move from 0.14 to 0.16–0.19, take some off the table. Going full-size while waiting for “the guys to pump it” just lets the unlocked supply take back your gains. #45NgayTuDoTaiChinh
