A $4.07 million withdrawal of ENA tokens from Binance coincides with ongoing outflows from exchanges and increased buyer activity, indicating a tightening supply. ENA's price remains compressed within a critical demand zone of $0.089–$0.10, showing signs of accumulation despite a bearish structure. Buyer dominance is rising, but price has yet to break key resistance at $0.262, which is necessary to shift sentiment and trigger a potential price recovery. Concentrated short positions above current price levels could fuel upward momentum if demand persists.
Ethena (ENA) holders are increasingly profitable, with daily transaction volumes in profit surpassing those in loss, indicating many holders are above their cost basis. Whale and retail trader activity has risen alongside ENA trading above its 20-day...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Ethena (ENA) has gained 14.11% since early July, reclaiming short-term resistance at $0.08, helped by strong user deposits via Robinhood Earn. However, the token remains down 94% from its all-time high and faces a bearish long-term trend with key res...
