$ENA
📌 This Week’s Key Takeaway

Massive unlocks for ENA (~$102M) and CHEEL (14.6% of supply) could trigger sell pressure and short-term price drops.
Volatility is expected—holders should manage risk, and sidelined investors may find entry opportunities.

🔍 What Is a Token Unlock?

Previously locked tokens are released into circulation

This increases available supply, often leading to selling pressure

Sudden imbalance in supply-demand can drive prices lower

Impact varies based on who receives the tokens and market sentiment

🗓 Major Unlocks This Week

ENA

Amount: ~$102.13M

Share of supply: 2.7%

Date: August 5, 08:00 UTC

CHEEL

Amount: ~$33.64M

Share of supply: 14.6%

Date: August 10, 09:00 UTC

IMX

Amount: ~$13.63M

Share of supply: 1.4%

Date: August 8, 05:00 UTC

📈 Strategy Insights

For Holders

Anticipate increased selling near unlock dates

Consider trimming positions or taking profits

For New Entrants

Watch for price dips after unlocks

Monitor wallet activity, volume spikes, and market response

🧭 Final Summary

The market is entering a short-term supply-risk phase

ENA and CHEEL are key drivers of upcoming price volatility

Active monitoring and adaptive trading strategy are crucial