
土澳大狮兄BroLeon 🐙|Jul 21, 2025 14:14
Yesterday it seemed like I shouted quite timely, but today ENA has started to amplify their moves. I don't know if you guys got on the bus.
This announcement may seem a bit convoluted, but in summary:
StablecoinX has constructed a model similar to the "Web3 version of the Federal Reserve ETF+token repurchase mechanism" through a combination of financing, listing, lock up ENA, and market repurchase, which strongly binds the interests of traditional shareholders and cryptocurrency asset ENA.
Simply put, I have money and I want to sell
The most eye-catching feature in the announcement is:
• $260 million in cash in the pocket
Ethena Foundation's subsidiaries will purchase ENA in batches on a daily basis through third-party market makers in the open market, with the following buying plan:
Approximately 5 million US dollars per day;
Extend the contract for 6 weeks;
Approximately 8% of the total circulating inventory (calculated at current prices)
So, can ENA replicate the miracle of 0.2 to 1.5 again this time?
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