Why is $ENA back on traders’ radar?
Ethena’s $1B FalconX institutional credit partnership and TVL recovery to ~ $4.4B are strengthening the USDe narrative.
• Arthur Hayes sees potential 5x upside for $ENA
, with stronger $BTC potentially boosting basis yields and restarting the USDe flywheel amid an ETH & DeFi recovery.
• $ENA surged 40%+ in 24H, with volume above $800M.
ENA is heating up. Trade smart and manage risk.
#BitcoinHitsIntradayHigh$75500
Ethena’s $1B FalconX institutional credit partnership and TVL recovery to ~ $4.4B are strengthening the USDe narrative.
• Arthur Hayes sees potential 5x upside for $ENA
, with stronger $BTC potentially boosting basis yields and restarting the USDe flywheel amid an ETH & DeFi recovery.
• $ENA surged 40%+ in 24H, with volume above $800M.
ENA is heating up. Trade smart and manage risk.
#BitcoinHitsIntradayHigh$75500