Ethena: What’s next after 8% ENA supply shifts to a single address?

The recent 8% shift of ENA supply to a single address could significantly influence market prices, with analysts observing bullish trends and increased whale activity.

ENA’s trading volume surged over 45% this past week, underlining heightened interest in the market and a potential price rally.

Current market sentiment remains optimistic, as analysts suggest the likelihood of ENA breaking past $1, contingent upon sustaining its current momentum.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts