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📉 ENA Token Update 📉
Ethena Whale Takes $2.71M Hit as ENA Token Drops 38% in a Month
🔻 Price Decline
The ENA token has experienced a sharp decline, dropping by over 38% in the past month amid global bearish market sentiment.
📉 Recent Performance
Over the last seven days alone, ENA has fallen by an additional 10%, currently trading at $0.8045, marking a 5.41% decrease in the past 24 hours.
💼 Market Cap
Intraday market capitalization has decreased by 5.35% to $1.2 billion, positioning ENA as the 65th largest by market cap.
🔄 Trading Volume
Trading volume has diminished by 11.77% in the last 24 hours, totaling $137.8 million.
🐋 Whale Losses
A whale investor incurred a massive loss of $2.71 million due to ENA's decline, selling their holdings at a loss.
📉 Technical Analysis
MACD indicator suggests a short-term bearish trend, with potential for further downward movement. RSI indicates approaching oversold territory, potentially signaling a buying opportunity.
⚠️ Disclaimer
This information is for educational purposes only and does not constitute financial advice. Exercise caution before taking any action.
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