Hey kids! Ever heard of cryptocurrency? It's like digital money! Recently, a cryptocurrency called Ethena (ETH) had a big event. Millions of its coins were released, but something surprising happened.
Usually, when lots of coins are released at once, the price goes down. But this time, the price of Ethena stayed about the same! That's unusual.
Let's learn more about what happened:
- Ethena released almost 8 million coins.
- This was only a small part of all the Ethena coins.
- Most Ethena coins are still locked up.
- Despite the release, the price didn't drop much.
| Fact | Number |
|---|---|
| Coins unlocked | 7.93 million |
| Percentage of total supply unlocked | 0.25% |
| Percentage of supply still locked | 65.66% |
| Price change in last 24 hours | Down 10% |
