Ethena (ENA) saw a sharp decline of 12.3%, falling below the critical $0.20 support level to around $0.184 following the release of the September Consumer Price Index (CPI). This drop erased gains made in late September and October. The price volatility surged over 15% in 24 hours, triggering over $8.2 million in long position liquidations, intensifying selling pressure. Large holders also contributed to the decline by selling significant amounts before the CPI data. Despite some tokens leaving exchanges, suggesting possible accumulation, the overall market sentiment remains bearish. If selling continues, ENA could test lower levels at $0.16 or even $0.13, while reclaiming $0.20 is crucial to reversing the downtrend.
Ethena's market cap stands at Rp44,44 trillion with a 24-hour trading volume of Rp10,76 trillion as of Oct 15, 2026, 18:22 WIB. On Pluang, ENA is down 11.48% at Rp3.315, closely matching the sharp decline reported in the news. Despite the heavy selling pressure, Pluang order activity shows a stronger buy interest at 71%, with typical holders keeping their positions for about 45 days, indicating some resilience among investors.
Bitway (BTW) experienced the largest drop among major cryptocurrencies, falling 22.24% to $2.02, as 80 out of 89 large non-stablecoin assets declined. Other notable losses included Pump.fun (PUMP) down 14.95% and Ethena (ENA) down 13.16%. Bitcoin and...
Ethena (ENA) token price fell sharply by 7.31% within four hours on October 14, dropping from $0.2108 to $0.1954. Over the past 24 hours, ENA declined 7.22%, reflecting a notable downtrend. During the same period, liquidations on major exchanges Bina...
Ethena (ENA) experienced a sharp price decline of 4.66% within one hour, falling to $0.2006 on October 14. This drop was driven by significant liquidations of long positions across major exchanges including Binance, Bybit, and OKX, totaling $2.16 mil...
At TOKEN2049 Singapore, three DeFi founders shared differing views on their main competitors: Aave's Stani Kulechov sees banks as the biggest rival, aiming to surpass traditional lending with tokenized assets by 2027. Ethena's Guy Young identifies Ci...
Ethena (ENA) fell 12.6% in 24 hours following a sharp 118% rally over two weeks, with trading volume up 37% and open interest down 16%, indicating traders are taking profits. Despite the pullback to around $0.20, the overall bullish price structure r...
