#Earning Strategy
15/06/2026
ENA Catalyst Rally: Reading On-Chain Signals Before the 20% Move
This article breaks down the ENA price surge in early June 2026, showing how Coinbase Ventures' open-market purchase of Ethena's governance token was foreshadowed by on-chain wallet flows, governance forum activity, and shifting social sentiment. It introduces a multi-layer framework for identifying crypto catalysts before they move markets — covering structural triggers, wallet profiling, sentiment scanning, and liquidity risk.