Ethena founder: A large investor’s token transfer is not a sale, but a security precaution
Let’s look at both sides:
Bullish case: The news offers a fresh narrative and could generate more buzz;
Bearish case: Confidence may take a hit, making short-term buyers more cautious;
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume of $ENA move.
$ENA latest: 0.1946, 24h -7.95%, 24h range 0.1875 ~ 0.2145.
#ENA
Let’s look at both sides:
Bullish case: The news offers a fresh narrative and could generate more buzz;
Bearish case: Confidence may take a hit, making short-term buyers more cautious;
My take: Both sides have a point. Ultimately, it comes down to which way the price and trading volume of $ENA move.
$ENA latest: 0.1946, 24h -7.95%, 24h range 0.1875 ~ 0.2145.
#ENA