Ethena Just Paid Its Early Investors to Exit as ENA Nears 100% Rally

NewsThu, 27 Aug 2026 16:10:11 UTC2 hours ago

Ethena (ENA) jumped 11% after its Foundation bought out seed investors who sold after the October 2025 peak. The move capped a near-100% monthly rally as an ENA buyback vote went live.

The token has carried the same weight since launch, with early investor tokens unlocking every month. That supply drip just ended.

Ethena (ENA) Price Performance in August. Source: TradingView

Ethena Buys Out Investors Who Sold After the Peak

The Ethena Foundation announced the deal Thursday, indicating that they spent the past two weeks buying locked tokens directly from early backers. Each was originally allocated more than 0.25% of ENA supply.

We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below:

1. Buyout of early investors:
The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any…
- Ethena Foundation (@EthenaFndtn) August 27, 2026

The Foundation split those backers into two groups:

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Ethena Just Paid Its Early Investors to Exit as ENA Nears 100% Rally

Ethena Buys Out Investors Who Sold After the Peak

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