$ENA Flushes to $0.147, But the On-Chain Flows Are Getting Interesting.
ENA dropped from $0.163 to $0.147 before reclaiming around $0.151.
Meanwhile, the exchange flows are worth watching:
• Gate: 6.91M ENA (~$1.13M) moved Hot → Cold about 1h ago.
• Wintermute: 1.317M ENA (~$193K) moved into Binance Hot Wallets around the $0.147 low.
• Upbit: Another 1.87M $ENA (~$293K) was moved into cold storage across two batches.
So while price was getting flushed, exchanges were also moving a meaningful amount of $ENA away from active liquidity.
$0.147 is the key level now. If buyers continue defending it, the reaction from here could get interesting.
#ENA #ENA
ENA dropped from $0.163 to $0.147 before reclaiming around $0.151.
Meanwhile, the exchange flows are worth watching:
• Gate: 6.91M ENA (~$1.13M) moved Hot → Cold about 1h ago.
• Wintermute: 1.317M ENA (~$193K) moved into Binance Hot Wallets around the $0.147 low.
• Upbit: Another 1.87M $ENA (~$293K) was moved into cold storage across two batches.
So while price was getting flushed, exchanges were also moving a meaningful amount of $ENA away from active liquidity.
$0.147 is the key level now. If buyers continue defending it, the reaction from here could get interesting.
#ENA #ENA