$ENA early September still has to be sold. Don’t just sit and wait for the market maker to pull so you can get fed.
Price just swept 0.18997 and then dropped back to ~0.160. Many people think the Foundation’s 27/8 news means “the sell pressure is over, only pumping remains.” Read the numbers—not the headlines.
• Total locked supply is 15 billion. Circulating is 9.83 billion — only 65.5%. About 1/3 hasn’t hit the market yet. • Old schedule: early September is still unlocking. 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 take, it’s new supply going into orders, not a burn. • On 5/10, the portion locked from investors is released once, and then the monthly sell schedule ends. The team is still unlocking gradually up to 2028. Foundation says after the deal there’s still ~12% locked—plus there’s also the StablecoinX wallet at ~20% of supply, with its own separate schedule. • Token buyback machine: there’s a proposal, not running yet. The initial milestone needs ~7.5 billion USDe. USDe is currently ~4.0–4.1 billion, having fallen from a peak of ~14.8 billion back in 10/2025. About 3.5 billion more in minting is needed before buyback has a real chance to kick in.
What the 28/8 session was saying on the candlestick:
• 8h–9h volume was more than 3x the prior hours, the peak was 0.18997, and the sellers won. • 10h–11h buyers came in, the bottom was 0.15665, then it closed back around ~0.160. • Price is currently sitting right near the 0.161–0.165 cluster. Vol after 11:45 is weak (~0.5x the average). Not a “pump candle with no pullback.”
The key levels being discussed:
• Below: 0.15665 (session low) → 0.152 → 0.1476 (4-hour candle on 27/8 closed at 0.14763)
• Above: 0.1644 (4-hour candle on 28/8 closed) → 0.1689 → 0.190
Straight take: the 27/8 news only clears month-by-month overhang—it doesn’t erase the sell waves of 1–2/9. It doesn’t turn into a money-printing machine before USDe reaches 7.5 billion. If you’re profitable from the move 0.14 up to 0.16–0.19, then take some profit. Waiting for “the guys to pull” just means letting the unlocked supply eat your own profit.
$USDe #WriteToEarn #BinanceSquare #Ethena
Price just swept 0.18997 and then dropped back to ~0.160. Many people think the Foundation’s 27/8 news means “the sell pressure is over, only pumping remains.” Read the numbers—not the headlines.
• Total locked supply is 15 billion. Circulating is 9.83 billion — only 65.5%. About 1/3 hasn’t hit the market yet. • Old schedule: early September is still unlocking. 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 take, it’s new supply going into orders, not a burn. • On 5/10, the portion locked from investors is released once, and then the monthly sell schedule ends. The team is still unlocking gradually up to 2028. Foundation says after the deal there’s still ~12% locked—plus there’s also the StablecoinX wallet at ~20% of supply, with its own separate schedule. • Token buyback machine: there’s a proposal, not running yet. The initial milestone needs ~7.5 billion USDe. USDe is currently ~4.0–4.1 billion, having fallen from a peak of ~14.8 billion back in 10/2025. About 3.5 billion more in minting is needed before buyback has a real chance to kick in.
What the 28/8 session was saying on the candlestick:
• 8h–9h volume was more than 3x the prior hours, the peak was 0.18997, and the sellers won. • 10h–11h buyers came in, the bottom was 0.15665, then it closed back around ~0.160. • Price is currently sitting right near the 0.161–0.165 cluster. Vol after 11:45 is weak (~0.5x the average). Not a “pump candle with no pullback.”
The key levels being discussed:
• Below: 0.15665 (session low) → 0.152 → 0.1476 (4-hour candle on 27/8 closed at 0.14763)
• Above: 0.1644 (4-hour candle on 28/8 closed) → 0.1689 → 0.190
Straight take: the 27/8 news only clears month-by-month overhang—it doesn’t erase the sell waves of 1–2/9. It doesn’t turn into a money-printing machine before USDe reaches 7.5 billion. If you’re profitable from the move 0.14 up to 0.16–0.19, then take some profit. Waiting for “the guys to pull” just means letting the unlocked supply eat your own profit.
$USDe #WriteToEarn #BinanceSquare #Ethena
