Ethena
In early October 2026, $1.11 billion worth of tokens will be unlocked for Hyperliquid (HYPE), Ethena (ENA), and Aptos (APT). Hyperliquid will unlock 3.75 million HYPE ($340M) on October 6, Ethena 171.88 million ENA ($41.52M) on October 5, and Aptos 11.31 million APT ($9.06M) on October 11. These unlocks may impact market volatility and short-term prices.
Wallets potentially tied to Ethena removed $68.26 million in ENA tokens from Bybit and Coinbase, with $13.1 million from Bybit and $55.16 million from Coinbase. Ethena shared transaction hashes on X but did not detail their contents.
ENA token surged 3.30% in 32 hours due to bullish research coverage from Standard Chartered, which set a $2 price target. Ethena's fee switch proposal directs protocol revenue to ENA buybacks, and the end of inflationary emissions reduces supply. USDe adoption and a diversified yield strategy also support the price movement.
Over the past 7 days, AlphAI's AI scored 5 news stories mentioning ENA-USD (Ethena). Coverage has skewed bearish: 1 bullish, 0 neutral, and 4 bearish.
New ENA tokens could weigh on price, especially with large allocations to contributors and investors.
Large off‑exchange withdrawal suggests potential sell pressure on ENA.
Buyback‑linked fee switch and bullish coverage should support ENA price.
Release of investor tokens creates short‑term selling pressure.
The deposit may precede a sale, creating short-term selling pressure on ENA.
AlphAI scores every news story that mentions ENA-USD with an AI model for sentiment and relevance, and aggregates insider trades from Ethena's SEC EDGAR Form 4 filings. Figures refresh continuously.
In early October 2026, $1.11 billion worth of tokens will be unlocked for Hyperliquid (HYPE), Ethena (ENA), and Aptos (APT). Hyperliquid will unlock 3.75 million HYPE ($340M) on October 6, Ethena 171.88 million ENA ($41.52M) on October 5, and Aptos 11.31 million APT ($9.06M) on October 11. These unlocks may impact market volatility and short-term prices.
2 min readWallets potentially tied to Ethena removed $68.26 million in ENA tokens from Bybit and Coinbase, with $13.1 million from Bybit and $55.16 million from Coinbase. Ethena shared transaction hashes on X but did not detail their contents.
1 min readENA token surged 3.30% in 32 hours due to bullish research coverage from Standard Chartered, which set a $2 price target. Ethena's fee switch proposal directs protocol revenue to ENA buybacks, and the end of inflationary emissions reduces supply. USDe adoption and a diversified yield strategy also support the price movement.
2 min readQuant (QNT) surged 158.3% after being selected by The Clearing House for its On-Chain Money Initiative. Midnight (NIGHT) rose 96.5% with expanded mainnet access. Bitcoin (BTC) gained 0.6%, while Lighter (LIGHT) fell 28.7% following Robinhood's derivatives announcement. Ethena (ENA) and Zcash (ZEC) also posted double-digit losses.
3 min readAn ENA whale deposited 30 million ENA tokens, worth $6.98 million, to Binance via BitGo after over a year of inactivity, according to Lookonchain. The whale still holds 157.55 million ENA valued at $36.74 million. The transfer does not confirm a sale.
1 min readEthena (ENA) dropped 9% due to an upcoming unlock of 3.03 billion tokens (20% of supply) and a market rotation towards Bitcoin and large-cap cryptocurrencies. Bitcoin rose 3.4% to $86,000, while ENA underperformed alongside other high-beta tokens. The unlock, set for October 2026, may increase supply pressure. Broader market trends favored Bitcoin ETFs over Ethereum, amplifying ENA's decline.
2 min readEthena (ENA) dropped 6% in 24 hours due to anticipation of a token unlock on 2 October, releasing 40.63M tokens worth around $11M. The market is repricing near-term supply risk, with ongoing monthly unlocks of 171.88M ENA. Standard Chartered set a $2 price target for ENA by 2028, contributing to recent bullish sentiment.
1 min readStandard Chartered forecasts Ethena's USDe supply to reach $40Bn by 2028, setting a $2 target for ENA, seven times its current price. The target depends on yield diversification and buybacks scaling to support the valuation. The bank expects ENA to outperform Bitcoin and Ether, but this depends on revenue growth and market conditions.
2 min readEthena (ENA) dropped 4.41% in one hour to $0.2646 on Oct. 1, but remained up 6.48% over 24 hours. Long liquidations totaled $90,000 across major exchanges. Ethena's market cap is about $2.76 billion.
1 min readStandard Chartered forecasts Ethena's USDe stablecoin supply to reach $40B by 2028, with ENA token price target at $2. The bank expects USDe to outpace overall stablecoin market growth and ENA to outperform Bitcoin and Ether. USDe's yield sources have expanded beyond crypto markets, currently generating a 5.2% blended yield. Standard Chartered also predicts the tokenized asset market will grow to $4T by 2028, potentially fueling ENA buybacks.
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