Ethena drops after $106M unlock, Aave risk raises concern
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: crypto
Updated: Aug 05 2025Current Market Performance: Ethena (ENA) is experiencing a decline in trading value, currently at $0.586, down 2.9% in the last day, amid concerns over liquidity risks and a significant token unlock that could increase market sell pressure.
Market Dynamics and Outlook: Despite recent volatility, Ethena's long-term outlook remains bullish due to strong ecosystem partnerships and ongoing corporate interest, with key support levels still intact and potential for recovery if market conditions stabilize.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
