FeesSafety
Pluang+

Ethena (ENA) drops 13.77% after BitMEX co-founder sells amid macroeconomic concerns

03 Nov 2026, 04:51 WIB
Tokenpost
View Source
Bearish
Ethena (ENA) drops 13.77% after BitMEX co-founder sells amid macroeconomic concerns

Ethena (ENA) token fell 13.77% to $0.169 on Nov. 3 after Arthur Hayes, BitMEX co-founder and Flop Labs CEO, sold his holdings on Oct. 24. Hayes cited uncertain macroeconomic and geopolitical conditions as reasons for taking profits from ENA, Ether (ETH), and Uniswap (UNI). ETH and UNI also saw declines, with ETH down nearly 5% and UNI slightly lower. This move highlights caution among crypto investors amid unstable global factors.

Ethena (ENA) trades at Rp3.057 on Pluang, down 8.31% as of Nov 03, 2026 10:01 WIB, with a market cap of Rp41.22 trillion and 65% of orders selling. Uniswap (UNI) also shows a decline, priced at Rp123.784 with a 6.39% drop and 71% sell orders. This data aligns with the article's note of ENA's sharp fall following Arthur Hayes' sale, highlighting ongoing investor caution in the crypto market.

More News (ENA)

ENA leads Korean crypto interest with strong domestic trading and price premium.

ENA leads Korean crypto interest with strong domestic trading and price premium.

ENA topped the Korean market interest index at 80.6 points, showing a domestic trading share 10.4 times higher than overseas. ONDO and STX also had significantly higher domestic trading shares, with STX showing the largest concentration. MNT recorded...

Neutral
18 hours ago
Bitway tumbles 11.24% as 70 of 90 top cryptos fall, while JUST leads gains with 2.11% rise

Bitway tumbles 11.24% as 70 of 90 top cryptos fall, while JUST leads gains with 2.11% rise

Bitway (BTW) saw the largest drop among major cryptocurrencies, falling 11.24% to $0.995, amid a broad market decline where 70 of the 90 largest cryptocurrencies lost value. JUST (JST) led the gainers with a 2.11% increase to $0.139. Other notable mo...

Bearish
1 day ago
Bitway leads $114M token unlocks this week, with Momentum releasing 294% of its supply.

Bitway leads $114M token unlocks this week, with Momentum releasing 294% of its supply.

This week, several cryptocurrencies have scheduled token unlocks, with Bitway (BTW) leading by unlocking about 101 million tokens valued at $114 million, representing 3.37% of its circulating supply. Kite (KITE) will release 640 million tokens worth ...

Neutral
1 day ago
STX leads Korean crypto interest with 51.5x higher domestic trading than global.

STX leads Korean crypto interest with 51.5x higher domestic trading than global.

STX tops the Korean crypto interest index with a score of 86.3, showing a domestic trading share 51.5 times larger than its global share. Other notable assets with strong domestic trading include ENA and WLD. BTC has a smaller domestic share compared...

Neutral
1 day ago
Ethena rebounds to $0.193 after Binance buys $24M ENA to recover stolen tokens post-hack

Ethena rebounds to $0.193 after Binance buys $24M ENA to recover stolen tokens post-hack

After a hack on Binance led to the theft and dumping of 217.5 million Ethena (ENA) tokens worth $33.9 million, ENA's price dropped to $0.16. Binance responded by purchasing $24 million worth of ENA through OTC deals to recover stolen funds and suppor...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App