3 sourcesTracking since 14 Aug, 14:11
StablecoinX holds 3 billion ENA tokens, roughly 20% of total supply
Chronological coverage
First seen14 Aug, 14:11StablecoinX holds 3 billion ENA tokens, roughly 20% of total supply
StablecoinX's significant ENA holdings could influence market dynamics, raising concerns about centralization and impacting investor strategies.
CryptoBriefing•Editorial Team
Follow-up14 Aug, 15:17Ethena treasury company StablecoinX shares jump 12% after revealing 20% stake in ENA supply
StablecoinX shares surged after the Ethena treasury firm revealed it holds 20% of ENA’s total supply.
The Block•Kyle Baird
Latest14 Aug, 16:27StablecoinX holds 20% of ENA supply as shares jump 12%
StablecoinX shares have climbed more than 12% after the Nasdaq-listed company disclosed a 3-billion-token ENA treasury and reported its first quarterly results since going public. StablecoinX values its ENA treasury at $218.4 million StablecoinX said in its Aug. 14 quarterly…
Crypto.news•Lawrence Mondal