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

TheNewsCryptoОпубліковано о 2025-12-30Востаннє оновлено о 2025-12-30

Анотація

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

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Пов'язані питання

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.

Пов'язані матеріали

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

Bitcoin users are urged to take immediate action following the disclosure of a critical security vulnerability. Hardware wallet manufacturer Coinkite has revealed a flaw in the seed phrase generation process for certain Coldcard Mk3 devices running firmware versions 4.0.1 through 5.0.3. All bitcoin addresses created from seed phrases generated on these potentially affected devices are now considered at risk. This warning coincides with an ongoing investigation into a major hack that drained approximately 1,082.65 BTC (worth roughly $70.2 million at the time) from 1,196 single-signature wallets in just 41 minutes on July 30. Security analysts believe the coordinated thefts, which used identical transaction fees and left no change, were executed by an automated tool scanning for compromised private keys. Notably, this attack occurred about 30 hours before Coinkite's public disclosure of the Coldcard vulnerability, raising concerns of a possible connection. Experts strongly recommend that impacted Coldcard Mk3 users do not consider their old seed phrase safe. The advised course of action is to generate a completely new, secure seed phrase on a trusted, modern hardware wallet and then transfer all funds to addresses derived from this new seed. Simply moving the old, potentially compromised seed to a new device is not sufficient.

cryptonews.ru1 год тому

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

cryptonews.ru1 год тому

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

Experts anticipate Bitcoin will remain under pressure in August, lacking momentum for a sustained rally after a partial July recovery. The price, trading around $63.5k, is seen stuck in a $60-65k range. Analysts cite a challenging macro environment of high U.S. rates, persistent inflation, and a strong dollar as key headwinds, alongside record ETF outflows. Historically, August is a weak month for crypto. Experts outline three main scenarios: a base case of sideways movement between $58-68k (50% probability), a bearish drop to $50-55k (30%), or a bullish push toward $71-75k (20%). Key levels to watch are support at $60-61k and resistance at $67k. While some see current prices as attractive for long-term accumulation, most warn of potential short-term downside, with a retest of $60k or even a fall toward $53k possible. A decisive market turnaround is not expected before Q4, making August a month for testing key levels rather than a major breakout.

cryptonews.ru1 год тому

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

cryptonews.ru1 год тому

Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

The Coldcard hardware wallet has been compromised, with hackers stealing approximately 594.5 Bitcoin (~$40 million) from 500 addresses in just 25 minutes. The root cause was a critical software bug, undetected for five years, which disabled the device's secure chip for generating true random numbers. This led to the creation of private keys based on predictable data like the processor's serial number, drastically reducing cryptographic security. The attackers exploited this offline by brute-forcing possible seed phrases, finding active addresses on the public ledger, and signing transactions. Initially, Coinkite (Coldcard's maker) claimed only older models were at risk but later admitted all devices running the compromised firmware were vulnerable. CEO Rodolphe Novak (NVK) apologized but ruled out financial compensation for affected users. To secure funds, owners must urgently update their firmware to specific safe versions, generate a completely new seed phrase on the updated device, and transfer all assets to new addresses created with that new seed. While a BIP-39 passphrase can help, it does not replace this migration process. Other Coinkite products like TAPSIGNER were not affected. This incident underscores that even specialized hardware requires rigorous, independent code audits, especially for cryptographic functions. It parallels past failures, like a 2006 OpenSSL bug in Debian, and raises questions about whether automated code analysis can ever fully replace human scrutiny in critical security areas.

cryptonews.ru1 год тому

Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

cryptonews.ru1 год тому

Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

Tether, the world's largest stablecoin issuer, has published its Q2 2026 financial results. According to an independent audit by BDO, the company reported a net operating profit of approximately $1.5 billion and an excess of assets over liabilities totaling $4.11 billion. As of June 30, 2026, the circulating supply of USDT was roughly $184.6 billion, marking an increase of about $446 million from the prior quarter. Tether now holds over 60% of the global stablecoin market share. The $1.5 billion profit was primarily generated from U.S. Treasury bills and repurchase agreements. Total assets stood at approximately $187.75 billion against liabilities of $183.64 billion, with $183.62 billion of liabilities tied to issued digital tokens. Key actions during the quarter included a reduction of secured loans by $2.38 billion (down 15%) and an addition of 14 tons to its physical gold holdings, bringing the total to over 146 tons. CEO Paolo Ardoino reaffirmed that USDT remains fully backed by reserves despite market volatility. He also noted that the company is undergoing a comprehensive independent audit with one of the "Big Four" accounting firms.

cryptonews.ru2 год тому

Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

cryptonews.ru2 год тому

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

Circle, a financial services and stablecoin company, announced it reached a key regulatory milestone by receiving a Limited Purpose Trust Charter from the New York State Department of Financial Services (NYDFS). This charter allows Circle to expand its operations in New York to include asset custody services, issuance of NYDFS-approved stablecoins, and management of the reserves backing them. The approval positions Circle's USDC stablecoin within a regulated framework and follows the company's earlier receipt of a national trust bank charter from the U.S. OCC. CEO Jeremy Allaire stated this achievement reflects over a decade of compliance commitment and aligns with NYDFS's high standards, comparable to those for full commercial banks, as digital dollars become central to the global financial system.

cryptonews.ru2 год тому

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

cryptonews.ru2 год тому

Торгівля

Спот

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни ENA (ENA).

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

Анотація

ENA Deposited into Binance

Ethena Price Drop

ENA in 2026

Трендові криптовалюти

Пов'язані питання

Пов'язані матеріали

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

Торгівля

Популярні статті

Як купити ENA

Обговорення