According to @KookCapitalLLC, Hyper Labs clarified they will not sell team unlock allocations, implying no immediate supply from team wallets entering the market in upcoming unlocks, source: @KookCapitalLLC on X, Sep 6, 2025. The same source asserts a price target of HYPE at $100+ in 2025, which is an opinion and not verified guidance, source: @KookCapitalLLC on X, Sep 6, 2025. Reduced team selling during unlocks typically lowers near-term sell pressure and can be supportive for price liquidity dynamics around emission events, source: Binance Research on token emissions and unlock dynamics, 2023. Traders should verify any non-selling commitment via official Hyper Labs announcements and monitor team-designated wallets for on-chain flows before positioning, source: independent analysis.

According to @secondswap_io, approximately 40.6M ENA valued around $25M unlocks today, which can introduce near-term supply overhang and price pressure on ENA trading pairs. Source: @secondswap_io. @secondswap_io notes that token unlocks often add short-term selling pressure even when sentiment is constructive, while Ethena Labs enters this event with momentum. Source: @secondswap_io. Based on the figures provided, the unlock implies a reference of roughly $0.62 per ENA (25M divided by 40.6M), which traders may use as a contextual benchmark for intraday price reaction. Source: @secondswap_io. No additional details on recipient categories or precise timing windows were provided in the post, limiting further flow modeling for this unlock. Source: @secondswap_io.

According to @secondswap_io, today's Ethena (ENA) unlock introduces roughly $25M of new supply while an existing $260M buyback program is already absorbing circulating tokens, which they say cushions near-term market impact and keeps adoption velocity in focus. Source: SecondSwap on X, Sep 2, 2025. Based on SecondSwap's figures, the unlock size is about 9.6% of the buyback capacity, indicating buyback firepower materially larger than today's issuance. Source: SecondSwap on X, Sep 2, 2025.