<ul><li>Ethena (ENA) faced a $10.35 million token sell-off by Amber Group, causing bearish sentiment and price decline.</li><li>Upcoming massive token unlocks pose additional risks and could intensify selling pressure on ENA.</li><li>ENA is currently trading below key moving averages and technical indicators point towards a potential downtrend.</li><li>Long-term forecasts for ENA remain optimistic, expecting potential recovery and significant price growth.</li></ul>

Bearish Clouds Over Ethena: $10M Sell-Off and Massive Unlocks Threaten Price

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