#CryptoMarketWatch Current Market Status: ENA is currently trading at $0.3834, reflecting a decrease of 6.16%. The token has already dropped 71% from its previous high, which could discourage immediate selling. Investors who received unlocked tokens may choose to hold and wait for a possible recovery instead of selling at the currently depressed prices.
Potential Market Impact: While the risk of immediate selling may be low, the unlocking event could have a delayed bearish effect as sellers begin to liquidate their holdings. Eventually, these newly unlocked tokens will find eager buyers driven by FOMO, but the timing remains uncertain.