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Arthur Hayes Makes Strategic Moves With $ENA Amid Price Recovery

Prominent crypto figure Arthur Hayes has been actively maneuvering his $ENA holdings, showcasing a bullish stance on the token. Just 45 minutes ago, Hayes unstaked 9 million $ENA and deposited 7 million $ENA (valued at $8.44 million) into Binance. Interestingly, this move comes shortly after he expressed public support for Ethena Labs earlier today. Previously, […]

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ENA Hits $1 Again, Large Whale Movements Spark Market Buzz

After six months, ENA has reclaimed the $1 mark, and significant whale activity has started to stir the market. A second major wallet suspected of liquidating a large number of ENA tokens has emerged since yesterday. Crypto user Wanye Kest (Twitter handle: @Wanyewest69) recently deposited 5.006 million ENA tokens, valued at $5.47 million, into Binance. […]

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Galaxy Digital Moves ENA While sUSDe Gains Traction In DeFi

Galaxy Digital has made a significant move in the cryptocurrency space, withdrawing 10.9 million ENA tokens worth $10.17 million from Binance just seven hours ago. This development highlights ENA’s growing prominence as it now ranks as the 8th largest asset on the Galaxy chain. Driven by market momentum, ENA has seen a 10% price surge […]

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Ethena Protocol’s Innovative Approach Gains Traction In DeFi Space

A recent analysis sheds light on Ethena protocol’s unique capability to generate USDe, a synthetic dollar, through a delta-neutral strategy. This method involves a careful balance of cryptocurrencies and cryptocurrency derivatives to uphold the stability and integrity of USDe. One standout feature of Ethena is the opportunity for users to earn over 10% APY on […]

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Ethena Token Plummets Below $1 Amidst Significant Sell-Off

Ethena, the popular cryptocurrency token, continues its downward spiral as it dips below the $1 mark, shedding 20% of its value in a single day to reach a trading price of $0.947. In a concerning development, the project’s multi-signature address has initiated a substantial recharge of 35.12 million $ENA tokens to various exchanges including Gate, […]

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Ethena’s Season 2 Boosts $ENA Price, Whales Flock To Stake

Since the introduction of Season 2 by Ethena Labs, the price of $ENA has surged, doubling in value since its launch. This significant uptrend has been attributed to the increased utility and rewards offered by Ethena’s latest season. $ENA has doubled in price since its launch after @ethena_labs introduced Season 2! After the introduction, 3 […]

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Ethena’s ENA Token Gains Momentum Ahead Of Launch With Binance Alliance

Ethena’s ENA token is making significant strides as it prepares for its upcoming launch, fueled by a strategic alliance with Binance and growing anticipation among stablecoin investors for its airdrop. With the launch of Ethena’s forthcoming Launchpool farming set to commence on March 30, users will have a three-day opportunity to earn ENA tokens, contributing […]