Tag: ethena

Crypto, News

ENA Approaches $1 Mark Amidst Mixed Market Activity

Over the past week, the value of ENA has surged by 12%, bringing it close to the $1 milestone. Despite this bullish trend, some notable market movements have been recorded as the new trading week begins, with ENA showing stability amidst both inflows and outflows. https://x.com/ai_9684xtpa/status/1794932147540906169?t=YSXau2pRRp2IyizasLYHng&s=19 One significant transaction involved […]

Crypto, News

Ethena Sees 10% Gain Despite Weekly Losses; Whale Stakes Large ENA Holdings

Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token).  The whale withdrew 6.954 million ENA ($7.99 million) from […]

Crypto, News

Ethena’s All-Time High Hits $1.516 With Smart Trader Activity

In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price […]