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Ethena’s multi-week rally at risk as whales exit ahead of 171m token unlock 

Rony Roy
August 4, 2025
ethena’s-multi-week-rally-at-risk-as-whales-exit-ahead-of-171m-token-unlock 
Ethena’s multi-week rally at risk as whales exit ahead of 171m token unlock 
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Ethena surged over 140% in July, but an upcoming token unlock and whale exits now threaten to reverse its gains. According to data from crypto.news, Ethena (ENA) was trading at $0.61 at press time, marking an 11% gain over the…

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