A large investor staked 60 million ENA tokens worth about $4.73 million shortly after buying them, removing a significant portion from liquid circulation and signaling long-term confidence. Despite this, ENA’s price weakened, breaking below its ascending channel and testing critical support at $0.0768, with bearish technical indicators increasing. Exchange outflows continued to reduce available supply, but cautious demand and negative derivatives funding suggest traders remain defensive. The market awaits stronger buying momentum to confirm a sustained recovery or risk further decline toward $0.0700 support.
Large investors (whales) continued accumulating Ethena (ENA) tokens, withdrawing over 102 million ENA worth about $8.49 million from exchanges and moving many into staking. This reduced the liquid supply available for trading even as ENA's price slip...
SUI, the native token of Sui Network, is releasing about $15.4 million in new tokens daily this week as part of a continuous vesting schedule, unlike BEAT's single large unlock of $81.66 million on August 1. This gradual release spreads new supply ac...
Pump.fun (PUMP) surged 3.20% to $0.002061, leading the day's crypto gainers with a market cap of $819.56 million. Other modest gainers included Provenance Blockchain (HASH), LEO Token (LEO), Figure Heloc (FIGR_HELOC), and OKB (OKB), reflecting steady...
