ethena

The first week of November is bringing major moves to the crypto market. Three big projects Ethena (ENA), Memecoin (MEME), and Movement (MOVE) are set to release large amounts of tokens, possibly creating short-term volatility and trading opportunities.



1. Ethena (ENA): A $61 Million Unlock Looms



Ethena’s next unlock lands on November 5, 2025, releasing 171.88 million ENA tokens worth nearly $61.5 million around 2.52% of total supply.

This could cause temporary selling pressure if investors take profit, though strong holders or staking activity might limit downside risk.



2. Memecoin (MEME): High Risk, High Emotion Event


November 3, 2025 marks a big moment for Memecoin, with 3.45 billion MEME tokens (around 6% of supply) unlocking, worth roughly $5.15 million.

Given MEME’s sentiment-driven nature, this unlock could bring extreme volatility either sharp dips or sudden rebounds, depending on community behavior.



3. Movement (MOVE): Small Cap, Big Impact



On November 9, 2025, Movement will unlock 50 million MOVE tokens, valued near $3.2 million.

Though smaller than others, MOVE’s low liquidity means even modest unlocks can trigger large swings, so traders should stay alert.



Overall Market Picture



Combined, these unlocks total over $300 million in new supply. While unlocks often spark short-term pressure, they can also support ecosystem growth if tokens are used for incentives or development.

The real impact will depend on on-chain movements, exchange inflows, and market sentiment through the week.



What Traders Should Watch


Large wallets or “whales” moving unlocked tokensExchange inflows post-unlockMarket tone across altcoins


Final Thoughts



November’s first week could set the tone for the rest of the month. Ethena’s massive $61M unlock, Memecoin’s 6% release, and Movement’s low liquidity event are key catalysts to monitor.
Stay informed volatility brings both risk and opportunity in equal measure.



#tokenunlocks #ethena #memecoin #movement #CryptoNews

原定於十月分發的Ethena $ENA 第四季空投延後了，官方最新消息是未來幾天會跟著其他重大活動公告一起進行。

基於ENA近期的幣價跌勢，除了先保本鎖利外，我應該還是會留一部分sENA。
一方面是保有一定的ENA倉位，另一方面是持續積累Converge生態系像是Ethereal、Strata、Terminal的空投積分，這一直是我最主要埋伏它們空投積分的渠道。
註：Ethereal、Strata相繼於10月上線主網，Terminal也已公告即將推出
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$TON 利率補貼活動的回顧
tsUSDe 10%利率補貼結束了，從6月一路吃15~20%的高息利率到10月，除了sUSDe的升值收益外，連帶拿了一大包利率補貼的收益代幣TON。
然後Crypto Wallet在這個時間段還不斷針對新上架幣種推出TON質押的高利率池，像是50% APR的FLR、56% APR的XLM、10%的XAUt，我手中的TON基本上是沒什麼停過質押收益的。
整體評價就是極上等，美中不足的是TON的幣價有下跌，但挖了不少的XAUt倒是吃到金價漲幅，而且它現在的25% APY池子維持超久。

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重新配置USDe到Ethereal、UR
Ethereal於10/20上線Mainnet Alpha，目前僅開放waitlist的少數用戶使用交易功能。
不過官方已開放USDe存入Ethereal交易所，同時還能像存入CEXs一樣有存款利率，當前是5.1%。
根據官方的Mirror文檔，現在已進入Season 1的Epoch 2，除了交易，持有USDe保證金、推薦用戶，都能累積Ethereal空投積分。
我在Ethereal交易所的Points頁面發現有個Loyalty Boost，如果是Season 0的參與者，可以在Season 1的積分上獲得100%的bonus(最高上限是Season 0的已獲得分數)。
所以我打算至少先用保證金倉位將這100%的積分bonus打滿，後續再看看要不要加減刷一些交易量，畢竟現在是perp dex的大熱期？

UR App的自託管錢包也已經支援U卡消費直接扣USDe的功能了！
除此之外，在UR存放USDe，會跟CEXs一樣有5.1% APY，對於那些想在自託管錢包存放長期資金的人來說，UR App應該會很適合你長持USDe。
最近我剛入選UR App的官方大使，沒意外的話下週開始就會有大使的專屬註冊福利，有興趣的朋友可以等下週再來註冊試試。(先透露一點資訊，某些平台、工具的訂閱可以有高額返現)
當然它本身的銀行服務也很值得使用，瑞士監管銀行帳戶、法幣&加密貨幣兌換、銀行轉帳、Mastercard支付等等，有興趣的可以私我了解。

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總結
目前我手中的穩定幣資產主要集中在USDT、USDe、USD1、USDC，在當前的市場中，要找到10%~15%的穩定幣利率應該也不算太難，可惜的是USDe沒有延續上一輪的大補貼策略。
所以我打算回歸空投積分的面向，先從Ethereal做起把100% bonus吃滿，後續再看要不要加倉一點Strata或Terminal，不過機率應該是比較低，除非我手中完全沒有sENA倉位。
至於UR App，我應該會配置少部分的USDe持倉，可能5~10%的倉位作為消費用途，畢竟放著本身還能吃著4~5%左右利息，還是個自託管錢包。
不知道大家怎麼看Converge生態系的後續？
會特別想布局Ethereal、Strata、Terminal的其中一個項目嗎？
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※Ethena code：

eu54u
※Ethereal code：
R7AH81

※Strata code：

3uDSH

使用code參與Strata可以獲得10% Boost
※Terminal code：
AUXHUOLV
使用code參與Terminal可以獲得10% Boost

※以上內容皆不構成投資建議，請用戶根據自身的風險承受能力進行操作，DYOR謹慎參與投資市場

※附圖取自Ethena、TON、Ethereal、UR
#ethena #ENA #Ethereal #Airdrops $USDE

Market Overview
As of 8:40 AM, Ethena (ENA) is facing heavy selling pressure, trading around $0.3967 on the ENA/USDC pair — a sharp 10.31% drop in the past 24 hours.
The token continues its broader downtrend from a recent high of $0.5345, now testing its 24-hour low of $0.3812, a key support level traders are watching closely.
Technical Outlook
RSI (6): At 14.31, ENA is deeply oversold. Such low readings often point to an overextended sell-off, hinting at a possible short-term rebound ahead.
MACD: The MACD line (-0.0190) remains below the signal line (-0.0085) — confirming strong bearish momentum.
Volume: Trading activity is below short-term averages, suggesting steady selling pressure rather than panic-driven liquidation.
Performance: ENA is down -15.22% over 7 days and -27.92% in the past 30 days, signaling persistent weakness in market sentiment.
Key Levels to Watch
Support: $0.3812 — a decisive break below this zone could trigger further downside.
Resistance: $0.4000 (psychological barrier) and $0.4424 (24H high).
Ethena remains in a firm short-term downtrend, with bearish momentum confirmed by the MACD and weakening price structure.
However, with the RSI at 14.31, the token is now extremely oversold, suggesting that a technical bounce or brief consolidation could form if the $0.3812 support holds.
That said, traders should remain cautious — a close below support could lead to an extension of losses in the near term.
Note:- This post is for informational purposes only and does not constitute financial advice. Always DYOR before making investment decisions.
Thank you
#ENA #Ethena #Write2Earn #TechnicalAnalysis #MarketUpdate