Category: ENA
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Ethena Surges To New All-Time Highs Amidst Strong Investor Interest
Ethena, a crypto-native solution built on the Ethereum blockchain, continues to impress as it achieves new all-time highs, reaching $1.497 with a remarkable 15% gain today alone. In a flurry of recent activity, two Wintermute addresses received a substantial amount of ENA tokens from the Ethena project, totaling 8.43 million ENA, valued at $10.3 million. Wintermute, holding 21.82 million ENA and 10 million USDe tokens, stands out as the largest on-chain token holder among the three major ENA market makers. A whale withdrew 6 million $ENA (~ $8.58 million) from Binance and staked all of them just 1 hour ago.
The post Ethena Surges To New All-Time Highs Amidst Strong Investor Interest appeared first on The Merkle News.
Ethena Token $ENA Surges Past $1 Mark, Whales Show Increased Accumulation
In the past 24 hours, the price of Ethena ($ENA) has experienced a significant surge, surpassing the $1 milestone and climbing over 11% to reach an all-time high of $1.341. Recent on-chain reports suggest a growing trend of whale accumulation of the token, indicating heightened investor interest. Whale 0x4f6 made headlines by withdrawing a substantial amount of 2.65 million $ENA, valued at $2.98 million, from Bybit at an approximate price of $1.13 over the past weekend. The $ENA price has risen above $1 again in the last 24 hours! Whale 0x4f6 withdrew 2.65M $ENA ($2.98M) from #Bybit at ~$1.13 in
The post Ethena Token $ENA Surges Past $1 Mark, Whales Show Increased Accumulation appeared first on The Merkle News.