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Tag: Tokens Unlock

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Ethena (ENA) Shrugs Off 40 Million Token Unlock as Bulls Step In

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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