Arthur Hayes Sparks Ethena $ENA Surge with $16.79M Buying Spree 💰


Ethena (ENA) soared 22%, hitting $0.75 and a $2.13B market cap after BitMEX co-founder Arthur Hayes accumulated 16.79M ENA tokens in two days. His strategic buys earned a swift $1.14M unrealized profit, recovering losses from his Aethir (ATH) holdings.


🔹 Why Ethena?


ENA powers USDe, a synthetic dollar backed by BTC and ETH.

Deribit now accepts USDe as collateral, and Ethena boasts a $4.09B TVL.

🔹 Price Outlook


With $374M in open interest, analysts say maintaining $0.75 support could spark a 33% rally to $1 or higher.

Hayes' moves have ENA on everyone's radar—can it hit $1.5? 🚀

#ArthurHayes #Ethena

image
image
image
image
November 28, 2024 at 1:14 PM
33
474
16
6
4