On-chain data indicates that Web3 staking derivatives protocol Ethena is set for a significant ENA token unlock. Specifically, approximately 40.63 million ENA tokens will be released at 15:00 (UTC+8) on June 2. At current market prices, the value of these unlocked tokens is estimated at $15.93 million. Notably, this unlock represents only 0.7% of ENA’s total circulating supply, suggesting a relatively limited impact on the market. Investors are advised to closely monitor this event for its potential effect on the price of ENA tokens.
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1H | 24H | 7D | 30D | 1Y |
---|---|---|---|---|
0.16% | 11.93% | 13.91% | 5.34% | 81.44% |