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Ethena Just Paid Its Early Investors to Exit as ENA Nears 100% Rally
Published Source: BeInCryptoRead original
Crypto Insight Summary: ENA buyback vote goes live as Ethena buys out selling VCs and ends monthly unlocks. Purchases wait for $7.5 billion USDe. Crypto Insight Analysis: Direction: Bullish ENA Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Buyback and VC exit reduces sell pressure, boosting ENA price.