Whale Deposits ENA into Binance, Sparks Liquidation Concerns After Ethena Price Drops

TheNewsCryptoPublished on 2025-12-30Last updated on 2025-12-30

Abstract

Ethena's ENA token has experienced a significant price drop of 3.74% in the last 24 hours, falling to approximately $0.2056. This decline has prompted a whale, likely linked to Maven11, to deposit 10 million ENA tokens (worth around $2.05 million) into Binance. This follows a similar deposit of 3.68 million tokens a month ago. The move has sparked concerns about potential liquidations that could drive further price declines in the short term. ENA is currently down 86.44% from its all-time high of $1.52. Price predictions for early 2026 are bearish, with forecasts suggesting a potential 25% drop to around $0.1564 in the next month. The token is currently testing key support and resistance levels amid high market fear.

Ethena price has dropped significantly over the last 24 hours. The effects are starting to appear, with one whale wallet reportedly depositing ENA tokens into Binance. This has sparked concerns around the token’s liquidation, which could further fuel temporary downswings in the next few days.

ENA Deposited into Binance

A whale wallet has deposited 10 million ENA into Binance. Their collective worth was around $2.05 million at the time of the transaction, with the wallet likely linked to Maven11. The transaction comes a month after the wallet deposited 3.68 million Ethena tokens into Binance. Their total value was around $1.06 million. He received 18.18 million ENA tokens from vesting last month for almost $4.48 million.

The transaction has triggered anticipation around ENA liquidation. This is because Ethena seems to be sharing the pattern with ETH. A total of 112,894 Ethereum tokens were transferred recently for almost $332 million. A few crypto enthusiasts believe that pieces are being moved before the storm hits.

Ethena Price Drop

What is believed to have ignited the ENA deposit into Binance is the price decline. The token shows a fall of 3.74% over the last 24 hours, at the time of writing this article. Thereby taking Ethena price to around $0.2056, with a decline of 6.69% in its 24-hour trading volume.

ENA last noted an ATH of $1.52 on April 11, 2024, and an ATL of $0.1858 on October 11, 2025. It is down by 86.44% from the ATH and up by 10.67% from the ATL, amid a very high volatility of 12.49%.

ENA in 2026

ENA price predictions for early 2026 are bearish. The next 1 month could see the token plunge by 25% to around $0.1564. The next 3 months could bring the token down by 23.27% from the current value, taking it to $0.1600. The FGI is at 23 points for extreme fear. ENA only saw 13 green days in the last 30 days. The 14-Day RSI, however, is neutral with 39.92 points.

Ethena tokens are now testing the upper resistance level of $0.2170 and the lower resistance level of $0.2287. It is simultaneously checking the lower and upper support levels of $0.1936 and $0.2053, respectively.

Highlighted Crypto News Today:

Bitcoin Mining Difficulty Ends 2025 at 148.2 Trillion

Trending Cryptos

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

The White House's "Exclusive" Teleprompter Operator Makes Over $100,000 by Profiting from Insider Information Predictions

"White House Speech Prompt Operator Earns Over $100,000 Using Insider Information on Prediction Markets" U.S. White House staffer Gabriel Perez, a long-time teleprompter operator for former President Donald Trump, has been suspended without pay for using non-public information to profit on prediction markets. As one of the few individuals with advance access to Trump's prepared speech texts, Perez placed bets on specific words or phrases Trump would mention in speeches over a three-month period, earning over $100,000. His activities were flagged by the prediction platform Kalshi, which froze over $90,000 in his account and reported him to the Commodity Futures Trading Commission (CFTC). While Perez avoided criminal charges, he is required to return his profits and cease such trading. This case marks the third major instance of insider trading on prediction markets involving government or corporate insiders, following earlier cases involving a special forces soldier and a Google engineer. The incident highlights the vulnerability of "mention" markets on prediction platforms, where individuals with advance knowledge or even the speakers themselves can easily manipulate outcomes. In response, platforms like Kalshi are tightening rules, now requiring users to disclose their employers to help prevent similar abuses.

marsbit38m ago

The White House's "Exclusive" Teleprompter Operator Makes Over $100,000 by Profiting from Insider Information Predictions

marsbit38m ago

White House 'Exclusive' Teleprompter Operator Cashes in Over $100,000 Using Insider Information for Predictions

The White House is embroiled in another insider trading scandal, this time involving a teleprompter operator for former President Trump. Gabriel Perez, a longtime aide who controlled Trump's speech teleprompters, used his advance knowledge of speech content to profit over $100,000 on prediction markets like Kalshi by betting on which specific words Trump would mention. After Kalshi's monitoring systems flagged suspicious trading activity and froze his funds, the case was referred to the CFTC. Perez was suspended without pay by Trump, who called his actions "disgusting." Unlike previous insiders prosecuted in similar cases, Perez faced no criminal charges, only a CFTC settlement requiring him to return profits and cease such trading. The article highlights how "mention" markets are uniquely vulnerable to manipulation by insiders or even the speakers themselves, citing examples like a Grammy host jokingly saying a random word and a Coinbase CEO reading all prediction market options aloud. As prediction markets like Kalshi tighten compliance—such as requiring users to disclose employers—the piece argues this crackdown on insider trading, while promoting regulatory compliance, may move these markets further from "collective wisdom" and closer to being pure gambling venues.

Odaily星球日报42m ago

White House 'Exclusive' Teleprompter Operator Cashes in Over $100,000 Using Insider Information for Predictions

Odaily星球日报42m ago

Bitcoin Mining Farms Are Becoming AI Factories

Bitcoin mines are transforming into AI factories. This shift is driven by the convergence of three key assets from the previous crypto cycle: infrastructure, talent, and capital. Crypto mining companies like Crusoe, CoreWeave, and Bitdeer are repurposing their core competency—securing power, land, and grid connections in remote locations—to build data centers for AI clients. These firms are signing multi-billion dollar, long-term contracts with companies like Anthropic, AWS, and Microsoft, as AI's demand for reliable, high-capacity compute surpasses the profitability of Bitcoin mining. Simultaneously, crypto entrepreneurs and engineers are applying their skills to new AI ventures. Examples include OpenSea's co-founder launching OpenRouter (an AI model aggregator), and former Coinbase engineers building Fal.ai (a generative media infrastructure platform). Their experience in building scalable, global software networks translates effectively to the AI space. Furthermore, capital accumulated during the crypto boom is now fueling AI. Figures like Jed McCaleb (co-founder of Ripple) funded Voltage Park, a large-scale GPU cloud provider. Notably, some crypto investments, like FTX's early bets on Anthropic and Cursor, have generated astronomical paper returns, demonstrating how high-risk crypto capital flowed into AI before it became mainstream. The transition is not just about repurposing hardware, but about redirecting critical resources—power infrastructure, distributed systems expertise, and venture funding—to the next technological frontier: artificial intelligence.

链捕手55m ago

Bitcoin Mining Farms Are Becoming AI Factories

链捕手55m ago

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Interest Rate Models

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Algorithmic Interest Models On-chain lending has grown to $60 billion but remains minuscule compared to traditional finance's $200 trillion annual credit volume. Morpho identifies the lack of fixed rates and maturity dates as key bottlenecks. Institutions need predictability, not the passive floating rates set by algorithmic models. Midnight allows lenders and borrowers to directly quote rates, set terms, and become price makers, not takers. Fixed-rate lending is now viable due to cheaper, faster blockchains and the entry of institutions demanding control and certainty over returns, costs, and duration. Morpho Blue previously gave users control over risk; Midnight adds control over interest rates. Past attempts at on-chain fixed-rate lending failed primarily because they were built on top of floating-rate pools (creating unpredictability) or lacked sufficient active participants. Midnight avoids these pitfalls as a standalone primitive with fixed rates at its core, built upon Morpho Blue's existing large and active user base. Midnight offers distinct value: institutions gain predictable term structures and full control; fintech companies can offer tailored fixed-rate products; lenders/borrowers achieve predictability and efficiency; and curators can now differentiate by configuring both risk and interest rates. Morpho Midnight is not a replacement for Morpho Blue. The Morpho network will now feature two complementary market structures: floating-rate/open-term (Blue) for flexibility and fixed-rate/fixed-term (Midnight) for predictability. Liquidity can flow between them. The launch will be gradual, prioritizing security. Initially, it will support direct lending on Base network with one trading pair (cbBTC/USDC) and limited maturity dates. Advanced features like auto-rollovers will be introduced later.

marsbit56m ago

Morpho Launches Fixed-Rate Product Midnight: Lenders and Borrowers Set Their Own Rates, Ending the Era of Interest Rate Models

marsbit56m ago

Crypto payments for gray-market peptides up by 700% in a year – Details

The use of cryptocurrency payments, primarily Bitcoin and stablecoins, for gray-market peptides in the United States surged by 700% in a year, according to a recent report. These peptides, often sold as wellness or anti-aging aids, exist in a regulatory gray area. Facing tighter restrictions from traditional banks, vendors increasingly accept crypto, with some Chinese suppliers accepting only Bitcoin. This has attracted mainstream consumers seeking cheaper access, even those new to cryptocurrency. Data from Chainalysis shows gray-market peptide vendors received $32 million in crypto in Q1 2026, projecting an annual run rate over $100 million. TRM Labs noted a similar trend, estimating $41.4 million in crypto inflows to Chinese peptide sellers in 2025. Analysts highlight this involves many first-time crypto users, distinct from historical darknet market activity, and underscores crypto's role in facilitating cross-border value transfer. This growth occurred alongside a broader downturn in general retail crypto transaction volumes in early 2026.

ambcrypto1h ago

Crypto payments for gray-market peptides up by 700% in a year – Details

ambcrypto1h ago

Trading

Spot

Hot Articles

How to Buy ENA

Welcome to HTX.com! We've made purchasing Ethena (ENA) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Ethena (ENA) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Ethena (ENA)After purchasing your Ethena (ENA), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Ethena (ENA)Easily trade Ethena (ENA) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

4.5k Total ViewsPublished 2024.04.03Updated 2026.06.02

Ethena: Building a New Era of Web3‑Native Digital Dollars

Ethena is an Ethereum‑based synthetic dollar protocol that delivers crypto‑native monetary solutions, including USDe, a synthetic dollar, and sUSDe, a globally accessible U.S. dollar savings asset.

53.5k Total ViewsPublished 2026.03.16Updated 2026.03.16

Ethena: Building a New Era of Web3‑Native Digital Dollars

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ENA (ENA) are presented below.