$ENA Ethena (ENA): Surge before the $100 million unlock – opportunity or price trap?

🚀💣 Ethena has just had a surprising 14% surge right before the $100 million token unlock takes place. The current price hovers around $0.59, but Decrypt recorded a 5.23% drop after the pump. This has led many investors to question: is this a positive signal or just a distraction before a strong market correction?

A large unlock like this usually brings significant selling pressure, especially if most 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