Ethena's Buyback Paradox: 27% Pump, 87 Wallets, and a Formula That Self-Contradicts
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Neutral
Market Sentiment
Raises validator limit and account abstraction
Block reward halving event
Improves data availability sampling efficiency
Team and early investor shares released
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Bitcoin Season