In Brief Over 40 million ENA tokens worth $12 million were unlocked, but the price dipped only 1%, showing strong buyer support. ENA futures open interest rose 2% to $387 million, signaling increased trader activity and confidence despite the token unlock. Positive funding rate of 0.0059% reflects demand for long positions, hinting at potential price…
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In Brief Coinbase includes Ethena’s ENA token in its listing roadmap, with trading dependent on technical and market conditions. ENA’s price rose 8.6% to $0.338 after the news, before stabilizing at $0.329. Trading volume surged 91.7%, indicating strong investor interest despite modest price movement. Coinbase, one of the leading cryptocurrency exchanges, has officially included Ethena’s…
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