$ENA
Latest update
1. Latest market situation
$0.18–$0.19
Approximate latest reported trading range
24-hour change: around -7% to -11%
Market capitalization: approximately $2.4 billion
24-hour volume: approximately $1.4 billion
Monthly performance: approximately -28%
Market snapshots vary by exchange and timestamp. 
2. What is happening with ENA?
Three important developments:
1. Binance security incident: A suspected attacker reportedly sold 217.5 million ENA worth approximately $33.93 million, adding substantial selling pressure. 
2. USDe stability: Despite ENA's sharp decline, Ethena's USDe remained relatively close to its $1 peg, briefly trading around $0.9974. 
3. ENA buyback mechanism: Governance approved a fee-switch mechanism directing up to 95% of eligible net revenue toward ENA repurchases, subject to activation conditions, including USDe supply reaching $7.5 billion.
#BinanceWillListPredictPREDICT #KOSPIFalls3.53%BackBelow6000 #USMidtermElections
Latest update
1. Latest market situation
$0.18–$0.19
Approximate latest reported trading range
24-hour change: around -7% to -11%
Market capitalization: approximately $2.4 billion
24-hour volume: approximately $1.4 billion
Monthly performance: approximately -28%
Market snapshots vary by exchange and timestamp. 
2. What is happening with ENA?
Three important developments:
1. Binance security incident: A suspected attacker reportedly sold 217.5 million ENA worth approximately $33.93 million, adding substantial selling pressure. 
2. USDe stability: Despite ENA's sharp decline, Ethena's USDe remained relatively close to its $1 peg, briefly trading around $0.9974. 
3. ENA buyback mechanism: Governance approved a fee-switch mechanism directing up to 95% of eligible net revenue toward ENA repurchases, subject to activation conditions, including USDe supply reaching $7.5 billion.
#BinanceWillListPredictPREDICT #KOSPIFalls3.53%BackBelow6000 #USMidtermElections
