Browsing: USDT

Ethena surged over 140% in July, but an upcoming token unlock and whale exits now threaten to reverse its gains. Summary Ethena surged over 140% in July, driven by protocol growth, stablecoin expansion, and a major buyback announcement.A $103.6 million token unlock scheduled for Aug. 5 and whale sell-offs have raised concerns over short-term price pressure.ENA is currently trading near a key support level within a bearish wedge pattern. According to data from crypto.

< Comparison of Liquidity Between BTC and USDT Trading PairsLiquidity is one of the most critical factors to consider when…