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 […]
Tag: ethena
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 […]
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 […]
Ethena Experiences Brief Decline After Reaching All-Time High
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 […]