It's just unlocking, but the value is equal to the mkc of the proof
CoinN92
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Bearish
Double Warning - Liquidation & Unlock
🚨 Double pressure for $ENA! 🚨
1️⃣ Long Liquidation: The chart shows that Long positions are being liquidated, creating downward pressure. 2️⃣ Large Unlock: Coming up on 05/08 (UTC), 171.88M ENA ($100.73M) will be unlocked! 🔓
👉 These two factors could push the ENA price down further. Extremely cautious!