$ENA ๐ต๐ฎ๐ ๐๐น๐ถ๐ฑ ๐ญ๐ฒ% ๐ถ๐ป ๐ฎ ๐๐ฒ๐ฒ๐ธ, ๐๐ถ๐๐ต ๐ณ.๐ฐ% ๐ด๐ผ๐ป๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐น๐ฎ๐๐ ๐ฎ๐ฐ ๐ต๐ผ๐๐ฟ๐.
On Oct 5, the Ethena Foundation released the last of its locked investor tokens, so more ENA is now free to trade.
The bounce on unlock day didn't hold, and price has drifted lower ever since.
It now sits right at its weekly low near $0.22, so that's the level to watch.
Do unlocks hurt more before the date or after it?
NFA.
#Ethena #DeFi
On Oct 5, the Ethena Foundation released the last of its locked investor tokens, so more ENA is now free to trade.
The bounce on unlock day didn't hold, and price has drifted lower ever since.
It now sits right at its weekly low near $0.22, so that's the level to watch.
Do unlocks hurt more before the date or after it?
NFA.
#Ethena #DeFi