At the end of July, #ENA successfully secured 2000U!
Don't think that #ENA rising 130% is smooth sailing.
In fact, the profit engine behind it is quietly consuming market attention.
ENA relies on the market's funding rate arbitrage model.
In simple terms: while others go long on Bitcoin, ENA short sells to earn funding fees, making a guaranteed profit.
Because when the market is bullish, Bitcoin longs will go crazy with leverage.
The funding rate for perpetual contracts skyrockets. ENA short sells to collect funding fees.
This is its on-chain interest.
Continue to ambush, there are still positions available, keep up!
