Binance Square
#ethena

ethena

8.3M views
5,355 Discussing
Evolve Crypto
·
--
Verified
🚨 1.4 billion ENA unlocked yesterday — and the dump everyone feared never came. Yesterday, Ethena accelerated all remaining investor unlocks into ONE single day: roughly 1.4 billion ENA (~14% of circulating supply) went liquid at once. On the same day, Nasdaq-listed StablecoinX's 3 billion ENA (~20% of total supply) had its 48-month lock-up permanently lifted via an SEC filing. Here is the part most people missed: the Ethena Foundation had already bought out the locked tokens of the investors who were selling, and StablecoinX cannot move a single token without the Foundation's written consent — any sale needs 5 days' notice, and the Foundation gets first refusal to buy it itself. An unlock is not the same as a dump. The real question now: the investors who never sold just went liquid — what do they do next? 👀 $ENA #ENA #CryptoNews #Ethena
🚨 1.4 billion ENA unlocked yesterday — and the dump everyone feared never came.

Yesterday, Ethena accelerated all remaining investor unlocks into ONE single day: roughly 1.4 billion ENA (~14% of circulating supply) went liquid at once. On the same day, Nasdaq-listed StablecoinX's 3 billion ENA (~20% of total supply) had its 48-month lock-up permanently lifted via an SEC filing.

Here is the part most people missed: the Ethena Foundation had already bought out the locked tokens of the investors who were selling, and StablecoinX cannot move a single token without the Foundation's written consent — any sale needs 5 days' notice, and the Foundation gets first refusal to buy it itself.

An unlock is not the same as a dump. The real question now: the investors who never sold just went liquid — what do they do next? 👀

$ENA

#ENA #CryptoNews #Ethena
Verified
🚨 ENA HAS A BIG TOKEN EVENT TODAY Ethena’s ENA is facing an important supply-related event on October 5. A U.S. SEC filing from StableCoinX confirms that restrictions on certain ENA tokens held by the company and its subsidiaries are being permanently waived today. The filing also says any funding sale requires advance notice and remains subject to the agreed process. There’s an important detail here: Unlocked does not automatically mean sold. Separately, Ethena has been expanding USDe’s backing strategy into tokenized U.S. equities through Binance’s bStocks and equity perpetuals. So ENA has two things worth watching: A major supply event today — and continued expansion of the USDe ecosystem. Click the $ENA widget below and check the latest verified developments. $ENA {future}(ENAUSDT) . . . #Ethena #USDe #Write2Earn Not financial advice. DYOR.
🚨 ENA HAS A BIG TOKEN EVENT TODAY

Ethena’s ENA is facing an important supply-related event on October 5.

A U.S. SEC filing from StableCoinX confirms that restrictions on certain ENA tokens held by the company and its subsidiaries are being permanently waived today. The filing also says any funding sale requires advance notice and remains subject to the agreed process.

There’s an important detail here:

Unlocked does not automatically mean sold.

Separately, Ethena has been expanding USDe’s backing strategy into tokenized U.S. equities through Binance’s bStocks and equity perpetuals.

So ENA has two things worth watching:

A major supply event today — and continued expansion of the USDe ecosystem.

Click the $ENA widget below and check the latest verified developments.

$ENA
.
.
.
#Ethena #USDe #Write2Earn

Not financial advice. DYOR.
🚨 $ENA RECOVERY MODE ACTIVATED: BULLS FIGHTING BACK! 🚨 The bears tried to crash the party, but a massive V-shape recovery is unfolding right now on the 1-hour chart! After a brutal sweep down to a 24h low of 0.2200, $ENA is pumping hard to reclaim key levels. 🧵👇 1/ Check out that massive red volume spike at 0.2200. That was a classic liquidity grab. Weak hands got flushed, and smart money immediately absorbed the selling pressure to print a huge bullish engulfing candle. 📈 2/ Right now, ENA is trading at 0.2380, completely breaking above the EMA(7) at 0.2337 and testing the crucial EMA(25) at 0.2373. Reclaiming this zone turns the short-term trend completely bullish. 3/ The MACD histogram is rapidly ticking upward towards the zero-line, showing that the downward momentum has officially dried up. The bulls are back in control. 🎯 ACTIONABLE TRADING PLAN: ⚡ Entry Zone: 0.2350 - 0.2385 (Buying the current momentum) 🚀 Take Profit 1 (TP1): 0.2420 (Testing the macro EMA(99) resistance) 🚀 Take Profit 2 (TP2): 0.2465 (Retesting the 24h high) 🛡️ Stop Loss (SL): 0.2240 (Safely tucked below the local consolidation support) Manage your risk, tighten your stops, and let's ride this bounce! 🎯 Disclaimer: Not financial advice. Trade at your own risk. #Ethena #ENA {future}(ENAUSDT)
🚨 $ENA RECOVERY MODE ACTIVATED: BULLS FIGHTING BACK! 🚨

The bears tried to crash the party, but a massive V-shape recovery is unfolding right now on the 1-hour chart! After a brutal sweep down to a 24h low of 0.2200, $ENA is pumping hard to reclaim key levels. 🧵👇

1/ Check out that massive red volume spike at 0.2200. That was a classic liquidity grab. Weak hands got flushed, and smart money immediately absorbed the selling pressure to print a huge bullish engulfing candle. 📈

2/ Right now, ENA is trading at 0.2380, completely breaking above the EMA(7) at 0.2337 and testing the crucial EMA(25) at 0.2373. Reclaiming this zone turns the short-term trend completely bullish.

3/ The MACD histogram is rapidly ticking upward towards the zero-line, showing that the downward momentum has officially dried up. The bulls are back in control.

🎯 ACTIONABLE TRADING PLAN:

⚡ Entry Zone: 0.2350 - 0.2385 (Buying the current momentum)

🚀 Take Profit 1 (TP1): 0.2420 (Testing the macro EMA(99) resistance)

🚀 Take Profit 2 (TP2): 0.2465 (Retesting the 24h high)

🛡️ Stop Loss (SL): 0.2240 (Safely tucked below the local consolidation support)

Manage your risk, tighten your stops, and let's ride this bounce! 🎯

Disclaimer: Not financial advice. Trade at your own risk.

#Ethena #ENA
🚨 ENA JUST FINISHED A MAJOR TOKENOMICS RESET Ethena’s biggest recent ENA change is now official: remaining original investor unlocks were accelerated and completed on October 5, ending the recurring investor unlock schedule. Team tokens remain under their original vesting schedules. At the same time, Ethena’s fee-switch implementation is moving toward ENA buybacks, with governance-approved parameters designed to direct a growing share of protocol revenue toward buybacks as USDe reaches different supply milestones. But there’s an important distinction: The unlock schedule ending does not mean ENA supply suddenly disappears, and the buybacks depend on the stated revenue/USDe milestones. So the real ENA story right now is a major change in token supply dynamics + a new value-accrual mechanism for the token. $ENA {future}(ENAUSDT) . . #ethena #DeFi #Write2Earn Not financial advice. DYOR.
🚨 ENA JUST FINISHED A MAJOR TOKENOMICS RESET

Ethena’s biggest recent ENA change is now official: remaining original investor unlocks were accelerated and completed on October 5, ending the recurring investor unlock schedule. Team tokens remain under their original vesting schedules.

At the same time, Ethena’s fee-switch implementation is moving toward ENA buybacks, with governance-approved parameters designed to direct a growing share of protocol revenue toward buybacks as USDe reaches different supply milestones.

But there’s an important distinction:

The unlock schedule ending does not mean ENA supply suddenly disappears, and the buybacks depend on the stated revenue/USDe milestones.

So the real ENA story right now is a major change in token supply dynamics + a new value-accrual mechanism for the token.

$ENA
.
.

#ethena #DeFi #Write2Earn

Not financial advice. DYOR.
$ENA follow-through check: 4 of 9 recent directional moves were favorable. 📊 Snapshot • Price: $0.2403 • 24H: -3.65% • Bias: Neutral 📈 Bull Trigger 1-hour close above $0.242 with open interest confirmation 📉 Bear Trigger 1-hour close below $0.236 with open interest confirmation 🎯 Signal Read Direction is secondary until the market closes beyond a trigger with supporting participation. 📌 Confidence Low · Low historical confidence · 4 of 9 directional moves were favorable Signal Quality - OI: Flat (-0.03%) - 4H: Bearish | 1D: Bullish (Conflict) - ATR filter: 0.50 ATR ($0.001257) - Risk/reward: 1:10.68 Bull scenario risk plan - Entry: $0.242 - Stop: $0.2411 - Target: $0.2521 Trigger levels define confirmation; they do not guarantee where price will finish. Up or down first? Reply UP or DOWN. #ENA #Ethena #CryptoTrading #MarketPulse Educational only. Time-stamped market snapshot, not financial advice.
$ENA follow-through check: 4 of 9 recent directional moves were favorable.

📊 Snapshot
• Price: $0.2403
• 24H: -3.65%
• Bias: Neutral

📈 Bull Trigger
1-hour close above $0.242 with open interest confirmation

📉 Bear Trigger
1-hour close below $0.236 with open interest confirmation

🎯 Signal Read
Direction is secondary until the market closes beyond a trigger with supporting participation.

📌 Confidence
Low · Low historical confidence · 4 of 9 directional moves were favorable

Signal Quality
- OI: Flat (-0.03%)
- 4H: Bearish | 1D: Bullish (Conflict)
- ATR filter: 0.50 ATR ($0.001257)
- Risk/reward: 1:10.68

Bull scenario risk plan
- Entry: $0.242
- Stop: $0.2411
- Target: $0.2521

Trigger levels define confirmation; they do not guarantee where price will finish.

Up or down first? Reply UP or DOWN.

#ENA #Ethena #CryptoTrading #MarketPulse

Educational only. Time-stamped market snapshot, not financial advice.
·
--
Verified
ENA Buybacks Begin as Major Token Unlock Overhang ClearsOver the past 24 hours (as of around 8:50 a.m. Beijing time on October 6), $ENA traded at about $0.250, up around 3.2%. Its Binance spot trading volume was about $64.9 million, ranking among the higher-volume altcoins. Ethena is the issuer of USDe, a synthetic dollar, and ENA is its governance token. Several key developments have taken place recently. First, a governance vote approved the “fee switch,” meaning protocol revenue will be used to buy back ENA and giving the token a clear value-accrual mechanism for the first time. Second, incentive-driven USDe token emissions are about to end, reducing the amount of new selling pressure in the market. Third, around 1.4 billion investor tokens were unlocked in a single tranche around October 5, after which periodic investor unlocks will stop. In addition, a major bank has begun coverage of ENA, setting a year-end 2028 price target of $2.

ENA Buybacks Begin as Major Token Unlock Overhang Clears

Over the past 24 hours (as of around 8:50 a.m. Beijing time on October 6), $ENA traded at about $0.250, up around 3.2%. Its Binance spot trading volume was about $64.9 million, ranking among the higher-volume altcoins.
Ethena is the issuer of USDe, a synthetic dollar, and ENA is its governance token. Several key developments have taken place recently. First, a governance vote approved the “fee switch,” meaning protocol revenue will be used to buy back ENA and giving the token a clear value-accrual mechanism for the first time. Second, incentive-driven USDe token emissions are about to end, reducing the amount of new selling pressure in the market. Third, around 1.4 billion investor tokens were unlocked in a single tranche around October 5, after which periodic investor unlocks will stop. In addition, a major bank has begun coverage of ENA, setting a year-end 2028 price target of $2.
·
--
Bearish
🎯 $ENA SHORT – TP HIT ✅ Short $ENA played out perfectly! 📉 Entry: 0.2587 🎯 Target Hit: 0.2457 💰 Profit: +5.02% (spot move) Resistance rejection, offers took control, and price dropped straight to target. 💪 Congratulations to everyone who followed this trade, crypto family! 👏🎉 #ENA #Ethena #Binance #MissCryptoPro {spot}(ENAUSDT)
🎯 $ENA SHORT – TP HIT ✅
Short $ENA played out perfectly!

📉 Entry: 0.2587
🎯 Target Hit: 0.2457
💰 Profit: +5.02% (spot move)

Resistance rejection, offers took control, and price dropped straight to target. 💪

Congratulations to everyone who followed this trade, crypto family! 👏🎉

#ENA #Ethena #Binance #MissCryptoPro
·
--
Bearish
🚨 $ENA HAS A MAJOR SUPPLY PROBLEM TODAY Ethena is getting attention for the wrong reason: a huge token-unlock event is hitting the market today. ENA has already been under pressure, making this one of the coins I would watch carefully rather than blindly buy.​ Catalyst: Major ENA unlock today. Pressure: New supply can increase selling. Bearish: Weak demand could extend the decline. Risk: Volatility can become extreme around unlocks. This is exactly the kind of situation where waiting can be a position too. Would you trade the volatility—or stay away? #ENA #Ethena #CryptoTrading #Altcoins
🚨 $ENA HAS A MAJOR SUPPLY PROBLEM TODAY

Ethena is getting attention for the wrong reason: a huge token-unlock event is hitting the market today. ENA has already been under pressure, making this one of the coins I would watch carefully rather than blindly buy.​

Catalyst: Major ENA unlock today.

Pressure: New supply can increase selling.

Bearish: Weak demand could extend the decline.

Risk: Volatility can become extreme around unlocks.

This is exactly the kind of situation where waiting can be a position too.

Would you trade the volatility—or stay away?

#ENA #Ethena #CryptoTrading #Altcoins
🔓 $ENA shrugs off a 171.9M token unlock: +6.6% to $0.2523 1️⃣ Unlock = ~1.9% of supply, to team and investors 2️⃣ 4H highs keep stepping down: 0.2946, 0.2811, 0.2627 3️⃣ Price is back over the 4H 20/50 EMAs · RSI 56 📌 Lid: 0.2627 then 0.2811 · Floor: Oct 2 low 0.2279 🎯 My take: a 4H close over 0.2627 breaks the lower-high chain; under 0.2279 the pullback deepens 💬 Will unlock sellers show up later, or is it priced in? 👇 #Ethena #TokenUnlock #TechnicalAnalysis
🔓 $ENA shrugs off a 171.9M token unlock: +6.6% to $0.2523
1️⃣ Unlock = ~1.9% of supply, to team and investors
2️⃣ 4H highs keep stepping down: 0.2946, 0.2811, 0.2627
3️⃣ Price is back over the 4H 20/50 EMAs · RSI 56
📌 Lid: 0.2627 then 0.2811 · Floor: Oct 2 low 0.2279
🎯 My take: a 4H close over 0.2627 breaks the lower-high chain; under 0.2279 the pullback deepens
💬 Will unlock sellers show up later, or is it priced in? 👇
#Ethena #TokenUnlock #TechnicalAnalysis
🚀 $ENA is flashing massive bullish momentum and looks ready to crush resistance! 🎯 A decisive close above 0.2627 will trigger an explosive expansion toward 0.2700 and beyond. 📊 Market structure flipped aggressively bullish after a flawless bounce off the 0.2365 support floor. 🔍 A minor technical pullback into the 0.2525 - 0.2550 demand zone offers an absolute low-risk entry right now. The setup is perfect. The volume is primed. This is your chance to front-run the breakout before the crowd piles in. If you wait for confirmation, you'll be buying the top. Secure your bags in the optimal entry zone immediately. Don't wait for the breakout. Buy the dip now! Trade Here 👇 {spot}(ENAUSDT) #ENA #ethena #Nikkei225Jumps2.5%ToThreeMonthHigh $GTC $RLC
🚀 $ENA is flashing massive bullish momentum and looks ready to crush resistance!

🎯 A decisive close above 0.2627 will trigger an explosive expansion toward 0.2700 and beyond.

📊 Market structure flipped aggressively bullish after a flawless bounce off the 0.2365 support floor.

🔍 A minor technical pullback into the 0.2525 - 0.2550 demand zone offers an absolute low-risk entry right now.

The setup is perfect. The volume is primed. This is your chance to front-run the breakout before the crowd piles in. If you wait for confirmation, you'll be buying the top. Secure your bags in the optimal entry zone immediately.

Don't wait for the breakout. Buy the dip now!

Trade Here 👇


#ENA #ethena #Nikkei225Jumps2.5%ToThreeMonthHigh $GTC $RLC
Mafia Alpha:
oo yes
What looks like a textbook support reclaim on $ENA daily charts actually fails to follow through more than half the time in similar alt setups. Traders see the bounce from $0.21 to $0.26 and jump in expecting a run to $0.30. Then the price rolls over and they're stuck without a clear exit. $ENA has reclaimed the $0.21,$0.22 support zone and currently trades near $0.26. The next resistance cluster is $0.294,$0.30, and a breakout from there could theoretically target $0.316. This only stays valid if buyers keep defending the support. Lose that $0.22 level and the whole move looks like a bull trap, with potential to drop hard while $ETH consolidates. I've seen too many of these intact bullish structures evaporate overnight when the market turns. Where do you think $ENA goes from here if that support actually cracks? #ENA #Ethena #TechnicalAnalysis
What looks like a textbook support reclaim on $ENA daily charts actually fails to follow through more than half the time in similar alt setups.
Traders see the bounce from $0.21 to $0.26 and jump in expecting a run to $0.30. Then the price rolls over and they're stuck without a clear exit.
$ENA has reclaimed the $0.21,$0.22 support zone and currently trades near $0.26. The next resistance cluster is $0.294,$0.30, and a breakout from there could theoretically target $0.316. This only stays valid if buyers keep defending the support. Lose that $0.22 level and the whole move looks like a bull trap, with potential to drop hard while $ETH consolidates. I've seen too many of these intact bullish structures evaporate overnight when the market turns.
Where do you think $ENA goes from here if that support actually cracks?
#ENA #Ethena #TechnicalAnalysis
{future}(ENAUSDT) 🔥 $ENA : The Breakout Is Real… But Can Bulls Hold It? ENA is showing serious strength. On the 1H chart, price is around $0.255, up nearly 6%, after a powerful breakout from the $0.24–$0.246 area. Price is now trading well above the 7, 25 and 99 MAs, confirming strong short-term momentum. The key issue? RSI is around 86, meaning the move is heavily extended and a pullback would not be surprising. Immediate resistance sits near $0.258–$0.260. If bulls reclaim that zone with volume, ENA could attempt $0.27+. On the downside, $0.246–$0.240 is the important support zone. Fundamentally, $ENA has strong catalysts, including Ethena’s proposed revenue-to-buyback mechanism, but today’s token unlock adds another supply variable. #ENA #ethena #EthenaLabs
🔥 $ENA : The Breakout Is Real… But Can Bulls Hold It?

ENA is showing serious strength. On the 1H chart, price is around $0.255, up nearly 6%, after a powerful breakout from the $0.24–$0.246 area. Price is now trading well above the 7, 25 and 99 MAs, confirming strong short-term momentum.

The key issue? RSI is around 86, meaning the move is heavily extended and a pullback would not be surprising. Immediate resistance sits near $0.258–$0.260. If bulls reclaim that zone with volume, ENA could attempt $0.27+. On the downside, $0.246–$0.240 is the important support zone.

Fundamentally, $ENA has strong catalysts, including Ethena’s proposed revenue-to-buyback mechanism, but today’s token unlock adds another supply variable.

#ENA #ethena #EthenaLabs
WALLET LINKED TO #ethena WITHDRAWS 117.58 MILLION $ENA FROM CEX IN 24 HOURS A Gnosis Safe linked to Ethena withdrew 62.58 million ENA from a CEX early on October 5. Over the past 24 hours, this wallet withdrew a total of 117.58 million $ENA , but no further information is available about the purpose of the transactions. {future}(ENAUSDT)
WALLET LINKED TO #ethena WITHDRAWS 117.58 MILLION $ENA FROM CEX IN 24 HOURS

A Gnosis Safe linked to Ethena withdrew 62.58 million ENA from a CEX early on October 5.

Over the past 24 hours, this wallet withdrew a total of 117.58 million $ENA , but no further information is available about the purpose of the transactions.
Verified
🚨 ENA HAS A BIG DATE AHEAD — OCTOBER 5 The most important verified ENA event right now is the upcoming October 5 token unlock. About 3.03 billion ENA associated with StablecoinX are scheduled to have their lock-up restrictions lifted on October 5. A framework announced with Ethena gives the Foundation an opportunity to purchase some or all of those tokens before a proposed sale. But there’s another major development behind the scenes. Ethena’s fee-switch proposal passed with 100% of votes, with the framework directing 95% of net revenue generated across Ethena-branded businesses toward ENA buybacks, subject to the protocol’s conditions. So the next few days have two very different forces to watch: Large scheduled token unlock + a new revenue-based buyback framework. No rumor needed. October 5 is the date. Click the $ENA widget below and check the latest verified Ethena developments. $ENA {future}(ENAUSDT) . . . #ethena #USDe #Write2Earn Not financial advice. DYOR.
🚨 ENA HAS A BIG DATE AHEAD — OCTOBER 5

The most important verified ENA event right now is the upcoming October 5 token unlock.

About 3.03 billion ENA associated with StablecoinX are scheduled to have their lock-up restrictions lifted on October 5. A framework announced with Ethena gives the Foundation an opportunity to purchase some or all of those tokens before a proposed sale.

But there’s another major development behind the scenes.

Ethena’s fee-switch proposal passed with 100% of votes, with the framework directing 95% of net revenue generated across Ethena-branded businesses toward ENA buybacks, subject to the protocol’s conditions.

So the next few days have two very different forces to watch:

Large scheduled token unlock + a new revenue-based buyback framework.

No rumor needed. October 5 is the date.

Click the $ENA widget below and check the latest verified Ethena developments.

$ENA
.
.
.
#ethena #USDe #Write2Earn

Not financial advice. DYOR.
·
--
Bearish
$ENA showed strong bearish momentum after a sharp rejection at the V-shaped top of 0.26. It quickly dropped to the current level of 0.24, forming a lower-high structure. If the 0.23 support level fails to hold, the short-term bias favors a deeper pullback. 🔴 Short scenario (preferred) · 🎯 $ENA Short entry: 0.24–0.25 (retest of the broken support) · 🛑 Stop-loss: Above 0.26 (recent rejection high) · 🚀 Take-profit: · TP 1: 0.23 (immediate structural support) · TP 2: 0.22 (lower boundary of the range) · ⚠️ Note: The bearish thesis is invalidated if the price reclaims 0.25 with strong volume. 🟢 $ENA Long scenario: Valid only if the price finds strong support at 0.22–0.23. Support me by trading here 👇 {future}(ENAUSDT) #ena #ethena
$ENA showed strong bearish momentum after a sharp rejection at the V-shaped top of 0.26. It quickly dropped to the current level of 0.24, forming a lower-high structure.

If the 0.23 support level fails to hold, the short-term bias favors a deeper pullback.

🔴 Short scenario (preferred)
· 🎯 $ENA Short entry: 0.24–0.25 (retest of the broken support)
· 🛑 Stop-loss: Above 0.26 (recent rejection high)
· 🚀 Take-profit:
· TP 1: 0.23 (immediate structural support)
· TP 2: 0.22 (lower boundary of the range)
· ⚠️ Note: The bearish thesis is invalidated if the price reclaims 0.25 with strong volume.

🟢 $ENA Long scenario: Valid only if the price finds strong support at 0.22–0.23.

Support me by trading here 👇
#ena #ethena
🚨 $ENA TRADERS, OCTOBER 5 IS IMPORTANT 👀 One of the bigger token-supply events is coming tomorrow. 🟣 $ENA 📅 October 5, 2026 🔓 ~1.41 BILLION ENA investor tokens are expected to unlock 📊 That’s roughly 14% of the current circulating supply This is the kind of event traders should have on their radar. Watch closely for: 📈 Volume spike before the unlock 🔻 Selling pressure after the unlock 💰 Whether buyers absorb the new supply 📊 Price reaction around key support levels The unlock itself doesn't mean $ENA must dump. The real signal is how price + volume react when the new supply becomes available. Would you trade the volatility around #ENA tomorrow? 👀 #BinanceSquare {spot}(ENAUSDT) #Ethena #TokenUnlock #CryptoTrading #Altcoins #Crypto
🚨 $ENA TRADERS, OCTOBER 5 IS IMPORTANT 👀

One of the bigger token-supply events is coming tomorrow.

🟣 $ENA
📅 October 5, 2026
🔓 ~1.41 BILLION ENA investor tokens are expected to unlock
📊 That’s roughly 14% of the current circulating supply

This is the kind of event traders should have on their radar.

Watch closely for:

📈 Volume spike before the unlock
🔻 Selling pressure after the unlock
💰 Whether buyers absorb the new supply
📊 Price reaction around key support levels

The unlock itself doesn't mean $ENA must dump.

The real signal is how price + volume react when the new supply becomes available.

Would you trade the volatility around #ENA tomorrow? 👀

#BinanceSquare
#Ethena #TokenUnlock #CryptoTrading #Altcoins #Crypto
Article
172 MILLION $ENA TOKENS ARE UNLOCKING TODAY🚨 October 5 is an important date for Ethena ($ENA) holders and traders. According to Binance Square’ {spot}(ENAUSDT) s latest market coverage, approximately 172 million $ENA tokens are scheduled to unlock today, representing around 1.88% of the token’s circulating supply. Token unlocks matter because they can change the amount of an asset available in the market. But an unlock does not automatically mean selling. Tokens can go to investors, contributors, ecosystems, treasuries, or other designated recipients, and their eventual movement depends on what those holders choose to do. That makes today’s event worth watching from an on-chain and supply perspective, rather than assuming a predetermined price reaction. And $ENA isn't the only token facing increased supply this month. Binance Square also reports upcoming October unlocks for $HYPE, $BABY and $MOVE, making token supply schedules an important theme for crypto traders this month. 📌 Today: ~172M $ENA 📊 Approx. circulating supply: 1.88% 🔎 Key focus: Where the unlocked tokens actually move Supply data can tell a story. On-chain movement tells the rest. #Ethena {spot}(ETHUSDT) #ENA #TokenUnlock #CryptoNews #DeFi #OnChain #Tokenomics #Web3 #BinanceSquare

172 MILLION $ENA TOKENS ARE UNLOCKING TODAY

🚨
October 5 is an important date for Ethena ($ENA ) holders and traders.
According to Binance Square’
s latest market coverage, approximately 172 million $ENA tokens are scheduled to unlock today, representing around 1.88% of the token’s circulating supply.
Token unlocks matter because they can change the amount of an asset available in the market.
But an unlock does not automatically mean selling.
Tokens can go to investors, contributors, ecosystems, treasuries, or other designated recipients, and their eventual movement depends on what those holders choose to do.
That makes today’s event worth watching from an on-chain and supply perspective, rather than assuming a predetermined price reaction.
And $ENA isn't the only token facing increased supply this month.
Binance Square also reports upcoming October unlocks for $HYPE, $BABY and $MOVE, making token supply schedules an important theme for crypto traders this month.
📌 Today: ~172M $ENA
📊 Approx. circulating supply: 1.88%
🔎 Key focus: Where the unlocked tokens actually move
Supply data can tell a story. On-chain movement tells the rest.
#Ethena
#ENA #TokenUnlock #CryptoNews #DeFi #OnChain #Tokenomics #Web3 #BinanceSquare
$ENA is bullish. It recently broke above the psychological 0.25 level, confirming a shift in medium-term momentum. 🚀 Trading Plan (Preferred: Long) · 📥 $ENA Long Entry: 0.24 - 0.25 (retest of the breakout zone) · 🛑 Stop-loss: Below 0.23 (recent consolidation low and psychological support at 0.24; a break below this level would invalidate the bullish structure) · 🎯 Take-profit: · Take-profit 1: 0.26 (recent local high) · Take-profit 2: 0.28 (resistance at the previous swing high) · Take-profit 3: 0.29 (major medium-term resistance and previous high) 🐻 $ENA Alternative (Short): A short-term pullback may follow, but only if price faces a strong rejection at the 0.26 resistance level. Support me by trading here 👇 {future}(ENAUSDT) #ena #ethena
$ENA is bullish. It recently broke above the psychological 0.25 level, confirming a shift in medium-term momentum.

🚀 Trading Plan (Preferred: Long)
· 📥 $ENA Long Entry: 0.24 - 0.25 (retest of the breakout zone)
· 🛑 Stop-loss: Below 0.23 (recent consolidation low and psychological support at 0.24; a break below this level would invalidate the bullish structure)
· 🎯 Take-profit:
· Take-profit 1: 0.26 (recent local high)
· Take-profit 2: 0.28 (resistance at the previous swing high)
· Take-profit 3: 0.29 (major medium-term resistance and previous high)

🐻 $ENA Alternative (Short): A short-term pullback may follow, but only if price faces a strong rejection at the 0.26 resistance level.

Support me by trading here 👇
#ena #ethena
📰 In this article, well-known trader Kyle isn’t predicting which coin is about to take off. Instead, he’s asking a more practical question: which tokens in this cycle actually have a chance of being worth holding for the long term? He says the crypto market has long been like a “lemon market”: buyers struggle to tell good projects from bad ones. Low circulating supply, high FDVs, ongoing unlocks, insider selling, and token holders’ inability to share in business revenue have all made many tokens unsuitable for long-term holding. 🔥 But things may be starting to change this time around. The article highlights Hyperliquid and Ethena, arguing that they’re trying to address these problems through real businesses, protocol revenue, token buybacks, and clearer rights for holders. HYPE is seen as the first token that makes the possibility of “dollar-cost averaging over time” feel real. ENA, meanwhile, is trying to reduce ongoing selling pressure by buying back tokens from some early investors, using protocol revenue for token buybacks, and ending monthly VC unlocks. The article notes that ENA has risen 95% over the past 14 days. 💡 Kyle’s view is that for crypto assets to be held long term, they need more than short-lived hype—they need businesses that can keep growing. The article also mentions areas like AI inference and RWAs, but the main point remains: choose the right assets, give them more time, and don’t let yourself be swayed by a fresh round of macro news every week. Honestly, this idea doesn’t sound new, but the hard part is following through. People have gotten used to taking profits after a run-up, and few are truly willing to stick with a project for years. Do you think HYPE and ENA have what it takes to be held for the long term? #加密市场 #Hyperliquid #Ethena #LongTermInvesting
📰 In this article, well-known trader Kyle isn’t predicting which coin is about to take off. Instead, he’s asking a more practical question: which tokens in this cycle actually have a chance of being worth holding for the long term?

He says the crypto market has long been like a “lemon market”: buyers struggle to tell good projects from bad ones. Low circulating supply, high FDVs, ongoing unlocks, insider selling, and token holders’ inability to share in business revenue have all made many tokens unsuitable for long-term holding.

🔥 But things may be starting to change this time around. The article highlights Hyperliquid and Ethena, arguing that they’re trying to address these problems through real businesses, protocol revenue, token buybacks, and clearer rights for holders.

HYPE is seen as the first token that makes the possibility of “dollar-cost averaging over time” feel real. ENA, meanwhile, is trying to reduce ongoing selling pressure by buying back tokens from some early investors, using protocol revenue for token buybacks, and ending monthly VC unlocks. The article notes that ENA has risen 95% over the past 14 days.

💡 Kyle’s view is that for crypto assets to be held long term, they need more than short-lived hype—they need businesses that can keep growing. The article also mentions areas like AI inference and RWAs, but the main point remains: choose the right assets, give them more time, and don’t let yourself be swayed by a fresh round of macro news every week.

Honestly, this idea doesn’t sound new, but the hard part is following through. People have gotten used to taking profits after a run-up, and few are truly willing to stick with a project for years. Do you think HYPE and ENA have what it takes to be held for the long term?

#加密市场 #Hyperliquid #Ethena #LongTermInvesting
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number