ENA gained 12.43% over 24 hours. The same-hour liquidation tally showed $890,000 in shorts and $0 in longs.
Context: 275,015,625 ENA leave the lock on November 1, roughly $56.9 million at today's price. The agreed buyback only kicks in at $7.5 billion of USDe supply, and $2.84 billion of that is missing.
A research into Ethena's upcoming events that could shape its price action.
ENA remained up 0.84% over 24 hours. Long-position liquidations reached $190,000 across three exchanges during the hourly decline.
Guy Young points to lower custody, security and customer verification costs, while Ethena uses centralized exchange liquidity to hedge USDe.
ENA was up 5.01% over 24 hours. Short liquidations totaled $170,000 across three exchanges during the one-hour move.
The rise of DEXs highlights a shift towards decentralized finance, emphasizing efficiency, user control, and innovation over traditional models. Ethena founder Guy Young says DEXs are winning on efficiency.
Can ENA's bullish positioning translate into buying strong enough to defend $0.1870?
The transfers followed redemptions from Ethena and averaged $0.2013 per token at deposit.
ENA's 24-hour change was 2.07%. Liquidations across three exchanges totaled $40,000 in shorts and $0 in longs during the same hour.
The token rose from $0.1761, while its 24-hour change remained negative at 1.71%.
The 24-hour change was +2.46%. A one-hour tally recorded $30,000 in short liquidations and none in long liquidations.