Airdrops· ★★★· bearish·

Ethena to Unlock 1.5B ENA Worth $350M; 17 Projects to Release $850M in Tokens This Week

  • —Ethena to unlock 1.5B ENA worth ~$350M, about 15% of circulating supply
  • —Investor vesting shortened by 17 months, with the remainder released in one tranche
  • —17 projects to unlock $850M in tokens by October 11; over $1.1B including HYPE
  • —Hyperliquid to hand 3.75M HYPE (~$330M) to a single investor via OTC deal
Why it matters: Large ENA and RAIN unlocks could add selling pressure in thin altcoin order books.
#ENA#HYPE#RAIN#APT
Source: Bithub
More on this
Macro · Sep 17
Fed Releases September FOMC Projections: Rate Hike Odds Hit 99%
 Airdrops · Sep 30
October token unlocks top $1.2 billion, led by RAIN, 2Z and BTW
 Markets · Sep 24
XRP corrects to $1.50 after rally as whales accumulate 350M tokens