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Ethena (ENA) token drops over 7% in four hours, extending 24-hour losses amid long liquidations.

Market News
29 Oct 2026, 05:36 WIB
Tokenpost
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Bearish
Ethena (ENA) token drops over 7% in four hours, extending 24-hour losses amid long liquidations.

Ethena (ENA) token fell 7.12% within four hours to $0.1956 on Binance, extending its 24-hour decline to 6.19%. The drop reflects a decrease from $0.2106 to $0.1956 in the four-hour window. ENA ranks 39th by market capitalization at about $2.74 billion. During a one-hour period across Binance, Bybit, and OKX, long liquidations totaled $300,000, indicating more sell-offs from long positions amid the price decline. This suggests bearish sentiment in the short term for ENA.

Ethena (ENA) is trading at Rp3.566 on Pluang as of Oct 29, 2026 09:51 WIB, down 5.74% in the past day, a decline close to the 6.19% 24-hour drop noted in the news. Its market cap on Pluang stands at Rp47,23 trillion, showing a significant scale compared to its circulating supply of 13.4 billion ENA tokens. Despite the price drop, Pluang order activity favors buying at 82%, contrasting with the bearish sentiment described in the article.

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