A whale is suspected of having fully exited ENA, transferring the remaining 102 million tokens to an exchange.
Let’s look at both sides:
Bullish argument: The bad news is out, which means one less source of uncertainty.
Bearish argument: Confidence has been shaken, so short-term buyers may be more cautious.
My take: There are arguments on both sides. The real answer depends on the price and volume action of $ENA .
$ENA is currently at 0.1438, down 6.99% over 24h, with a 24h range of 0.1427–0.157.
#ENA
Let’s look at both sides:
Bullish argument: The bad news is out, which means one less source of uncertainty.
Bearish argument: Confidence has been shaken, so short-term buyers may be more cautious.
My take: There are arguments on both sides. The real answer depends on the price and volume action of $ENA .
$ENA is currently at 0.1438, down 6.99% over 24h, with a 24h range of 0.1427–0.157.
#ENA
