Ethena (ENA) saw a 13% price increase in 24 hours, but this rise was not driven by strong protocol performance. The Total Value Locked (TVL) grew modestly by $160 million to $4.719 billion, indicating limited investor conviction. Revenue remained low, with just $56.91 generated in the last day and $21,317 over the past month. Spot market buying interest has increased recently, but overall selling pressure dominates. The perpetual market shows more long positions, though a declining funding rate suggests potential downward price pressure unless it reverses.
A single crypto whale purchased $7.22 million worth of nine different cryptocurrencies within 24 hours, with a strong focus on decentralized finance (DeFi) tokens like LIT, ENA, and ONDO, which make up 57% of the investment. The portfolio also includ...
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
Bitcoin climbed 2.2% to $84,674 while the total crypto market cap slightly fell by 0.43% to $2.84 trillion. Major cryptocurrencies like XRP, Ether, BNB, Solana, and Dogecoin also saw gains, with XRP leading at a 3.82% increase. Among the top 39 crypt...
A whale investor recently purchased about $7.22 million worth of smaller altcoins including LIT, ENA, ONDO, AERO, ETH, QNT, UNI, TAO, and PEPE, focusing on DeFi and real-world asset projects. This buying occurred mainly during price dips, suggesting ...
Lighter (LIT) token surged 21.02% to $3.91, marking the strongest gain among the 90 largest cryptocurrencies excluding stablecoins as of October 21. Other notable gainers include Ethena (ENA) up 12.53%, Zcash (ZEC) rising 12.27%, and Pearl (PEARL) in...
