ENA Team Just Vacuumed 10 Percent Of The Entire Supply
Ethena Labs just executed the biggest supply shock maneuver this quarter. In the last two hours, the core team moved over $443 million worth of $ENA into a fresh wallet. This isn't just shuffling fundsโthey have confirmed a massive buyback, instantly removing 10% of the entire circulating supply from the market. The new address now controls a stunning 20% of the total $ENA supply. This level of coordinated action signals extreme conviction. Get your eyes on the chart.
This is not financial advice.
#ENA #Ethena #SupplyShock #OnChain
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