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![Crypto_TheBoss Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2341733713.png) The Boss [@Crypto_TheBoss](/creator/twitter/Crypto_TheBoss) on x 103K followers
Created: 2025-07-21 15:08:27 UTC

📢 Massive Buyback by Ethena – $260M #ENA Repurchase Program Announced

✍️ Ethena Foundation has announced a major token buyback of $XXX million worth of $ENA, to be executed through its newly established treasury entity, StablecoinX. The buyback will take place over the next X weeks, with a planned $X million worth of daily purchases. This move represents approximately X% of the current circulating supply.

✍️ This strategic action is part of the $360M PIPE financing round, $100M of which has already been deployed directly as token liquidity into the system.

📈 Following the announcement, $ENA saw a sharp price increase, ranking among the top-performing tokens of the past week.

🔍 Key Highlights:

$5M daily buyback may significantly reduce market liquidity.

This reduction in supply could place upward pressure on price in the mid-term.

All repurchases will be conducted transparently via StablecoinX.

⚠️ This is not investment advice. The content is for informational purposes only. Crypto assets are highly volatile  always do your own research.

#Ethena #ENA #Buyback #CryptoNews #TokenRepurchase #DeFi #Altcoin


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**Related Topics**
[ena](/topic/ena)
[token](/topic/token)
[$260m](/topic/$260m)
[$ena](/topic/$ena)
[coins defi](/topic/coins-defi)

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