$ENA Spotted an interesting divergence on today 👀
On-chain: Top PnL traders buying at 6x above average intensity + $566k CEX outflows (accumulation)
Perps: Whales & Smart Money heavily short (-$8M combined)
With 172M tokens unlocking today to Foundation, shorts are betting on sell pressure while the best spot traders are accumulating.
Who's right? The unlock goes to Foundation—not immediate sellers.
Watch for a potential short squeeze 🔥