How Ethena’s $1.5M whale transfer could test ENA’s push to $0.25
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4 Articles
Ethena Jumps 94% Weekly, but the Long Road Remains
Key Takeaways Up 94% in a week: ENA staged an impressive short-term comeback off its summer lows. Still far from peak: The token sits roughly 70% below its October high near $0.53. Fibonacci barrier: The $0.179 level is acting as heavy overhead resistance for bulls. Futures dominance: Derivatives volume is outstripping cash spot trading by more than sevenfold. Whale noise: A $1.5M Binance deposit made headlines, but it represents a tiny drop in…
Ethena (ENA) recorded an upturn of 5.19% in the last hours, reaching USD $0.1689, while the volume of operations triples compared to the average of the last 30 days. Market analysis, from the INE to derivatives, points out that there is a catalyst behind this movement that investors must know to position themselves.
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