$ENA 🚀💣 Ethena just had a surprising 14% increase right before the $100 million token unlock event took place. The current price is around $0.59, but Decrypt noted a decrease of 5.23% after the pump. This has led many investors to question: is this a positive signal or just a distraction before the market corrects sharply?

Such a large unlock typically brings significant selling pressure, especially if most of the tokens belong to early investors. However, if the community maintains its confidence and new capital continues to flow in, ENA could very well sustain its upward momentum. All eyes are on the behavior of large wallets in the next 48 hours.