Ethena (ENA) - 40.63MM Token Unlock - 02 Oct 2025
Ethena (ENA) will unlock about 40.63 million tokens, which is about 0.62% of its supply. When projects unlock many tokens, there is a risk of price going down if holders decide to sell. But, because this amount is less than 1% of the supply, the effect might be small if the market expects it and is ready. Watch to see if big investors move tokens after this unlock. If most tokens stay untraded, the price might not move much. source