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![Markkrypt Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1385138394708148225.png) Mark [@Markkrypt](/creator/twitter/Markkrypt) on x 2636 followers
Created: 2025-07-22 14:35:13 UTC

@eli5_defi @ethena_labs $5M daily buybacks + ENA locked on a public balance sheet = engineered supply shock. If this plays out, $ENA could be one of the cleanest asymmetric bets this cycle


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947666750868492766/c:line.svg)

**Related Topics**
[5m](/topic/5m)
[balance sheet](/topic/balance-sheet)
[ena](/topic/ena)
[$5m](/topic/$5m)
[ethenalabs](/topic/ethenalabs)
[$ena](/topic/$ena)
[coins defi](/topic/coins-defi)

[Post Link](https://x.com/Markkrypt/status/1947666750868492766)