Cryptocurrency News
With elevated funding rates and increasing demand for leverage, Ethena Labs’ stablecoin, sUSDe, has been delivering impressive returns exceeding 27% APY. This attractive yield has spurred significant growth in sUSDe’s circulating supply, which has more than doubled since October 2024. Pendle Finance has emerged as the primary beneficiary of this […]
The last 48 hours have seen ENA through another milestone after pausing buying actions for a month. It resumed bullish this week and now leads the daily altcoins rally with a 30% surge since yesterday. From a short-term perspective, ENA has recovered well from its two-month low but it seems […]
Smart Dex traders have been aggressively accumulating $ENA in the past 48 hours, purchasing 973.2K tokens worth approximately $381.7K. This buying spree has significantly increased their holdings, coinciding with a notable rise in $ENA’s price, which has surged nearly 5% in the last 24 hours. 🚨Update: Smart Dex Traders Continue […]
As the Defi sector gains traction this week, ENA turned more bullish as it doubled its price in a month. Despite witnessing a rejection today, it still leads the top gainers spot with an 8% surge in the last 24 hours. Two months ago, ENA’s price reached an extremely oversold […]
Six hours ago, a Galaxy Digital-associated address withdrew 9.03 million ENA tokens from FalconX, valued at approximately $2.56 million USD. 六小时前 Galaxy Digital 关联地址从 #FalconX 提出 903 万枚 $ENA ，价值 256 万美金 随着大盘反弹，ENA 币价近七日涨幅达 32.51%，现价 $0.2762📈 看能不能稳住到第二期空投发放的时候 钱包地址 https://t.co/zdToxqXkJA pic.twitter.com/VJ27bPTJ0T — Ai 姨 (@ai_9684xtpa) September 24, 2024 This move comes […]
With only one week left until the conclusion of Ethena’s Season 2 airdrop event on September 2, the platform’s data reveals a mixed picture. Ethena’s Total Value Locked (TVL) has declined to $2.92 billion, a significant drop from its peak of $3.612 billion in early July. Moreover, the platform has […]
Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the […]
Ethena Labs has emerged as one of the standout projects in the crypto space this year, showcasing remarkable growth in Total Value Locked (TVL). The project has achieved significant milestones, reflecting a staggering +875% increase ($2.11 billion) in TVL over just 57 days, followed by an additional +57% ($1.3 billion) […]
$ENA is currently not looking promising, with its price approaching the next support level of $0.30 amidst persistent bearish trends. Despite this, there is anticipation for a reversal, as Ethena holds the potential to excel during the upcoming bull market, having seen 140% gains in the previous rally. $ENA is […]
Ethena ($ENA) has seen a steep decline, trading at $0.50, which marks a significant drop from its all-time high of $1.50. In the past 24 hours alone, $ENA has fallen by 8%. A notable investor, identified by wallet address 0xb6c8, has decided to cut his losses, totaling $1.12 million. About […]
Another major investor in ENA has capitulated, selling at a considerable loss. The investor, identified by the wallet address 0x2Ea…4adEE, initially increased his position from $1.41 to $0.70 as prices fell. He then opened a significant position of 10.99 million ENA, worth $11.12 million, at an average price of $1.01. […]
Ethena’s $ENA token has fallen below the $0.70 mark. On-chain reports indicate that Whale 0x886 recently deposited the remaining 3.879 million ENA, valued at approximately $2.83 million, to Binance at a price of $0.728. This move marks the conclusion of the whale’s first trade with ENA, resulting in an estimated […]
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 […]
Ethena (ENA) has seen a significant price surge today, climbing 20% with a 24-hour trading volume increase of 242%, pushing the token’s price towards the $0.90 mark. This impressive rise highlights the growing interest and trading activity around ENA. On-chain reports from Spotonchain reveal that a multisignature wallet linked to […]
The Ethena token (ENA) has continued its downward trajectory, experiencing a 4% decline today and a significant loss of 34% in value over the past 30 days, indicating ongoing challenges for investors. One notable event contributing to the downturn is the capitulation of a significant whale investor who decided to […]
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 […]
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 […]
Ethena, the latest sensation in the crypto space, encountered a momentary setback today, witnessing an 8% decline shortly after achieving an all-time high above $1 just hours after its launch. Despite this minor dip, data from Defillama indicates that Ethena’s Total Value Locked (TVL) surged to over $2 billion, underscoring […]