Ethena (ENA) recently increased by 17.35%, trading at 0.4332 USD while facing 0.60 USD resistance. Strong on-chain activity with new addresses rose 56.43%, showcasing significant interest from various investors.
More tokens are exiting exchanges than entering, signaling bullish market sentiment. The substantial long liquidations at 504,440 USD may lead to a healthier price trend, suggesting ENA could break past 0.60 USD soon.
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