Ethena unlocked 207 million ENA tokens worth about $741 million yesterday, and a large amount was transferred to exchanges

Odaily News According to Tokenomist_ai data, Ethena unlocked 207 million ENA tokens yesterday, worth approximately US$741 million, accounting for 39.17% of the circulating supply.
In the past two days, 12 wallets have transferred a total of 125 million ENA (about 45 million US dollars) to exchanges such as Binance, Bybit and FalconX, which may lead to great selling pressure.