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

TheNewsCryptoPubblicato 2025-12-30Pubblicato ultima volta 2025-12-30

Introduzione

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.

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Domande pertinenti

QWhat action did a whale take with ENA tokens that sparked liquidation concerns?

AA whale deposited 10 million ENA tokens into Binance, which sparked concerns around the token's liquidation.

QHow much has the Ethena (ENA) price dropped in the last 24 hours according to the article?

AThe Ethena price has dropped by 3.74% over the last 24 hours.

QWhat is the predicted price change for ENA in the next month based on the article's bearish outlook?

AThe article predicts the token could plunge by 25% to around $0.1564 in the next month.

QFrom which entity did the whale wallet likely receive its initial 18.18 million ENA tokens?

AThe whale wallet likely received 18.18 million ENA tokens from vesting, and the wallet is likely linked to Maven11.

QWhat are the current upper resistance and lower support levels that ENA is testing?

AENA is testing the upper resistance level of $0.2287 and the lower resistance level of $0.2170, as well as the upper support level of $0.2053 and the lower support level of $0.1936.

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256 Totale visualizzazioniPubblicato il 2024.12.10Aggiornato il 2026.06.02

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