Earlier today, over 40 million ENA tokens were unlocked, sparking widespread expectations of a sharp price pullback. However, the anticipated sell-off did not materialize, with Ethena’s native token displaying notable resilience. With a strengthening bullish bias, the altcoin could register new gains. Traders Pile Into ENA as 40 Million Tokens Unlock According to Tokenomist, nearly 41 million ENA tokens, valued at over $12 million at current market prices, were unlocked around 7:00 a
source: https://beincrypto.com/ethena-token-unlock-fails-to-trigger-sell-off/