Just saw $ENA drop by over 9% today, and now I know why ๐ โ more than $35 million worth of tokens just got unlocked! ๐๐ฅ
When a large amount of tokens are released like this, it floods the market with extra supply, which often pushes the price down. Thatโs exactly what happened today.
Itโs a clear example of how unlock events can affect price โ something Iโm keeping an eye on now.
Crazy how much these things can impact a coin!
