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Ethena Falls 7.1% in Four Hours to $0.2717 Despite 24-Hour Gain

ENA traded at $0.2717 at 7:02 p.m. ET on Sept. 27 after falling from $0.2924 four hours earlier, while remaining up 0.52% over 24 hours.

Mentioned assets
Silver token beside descending red market blocks / TokenPost.ai
Silver token beside descending red market blocks / TokenPost.ai

Ethena (ENA) fell 7.08% in four hours to $0.2717 at 7:02 p.m. ET (23:02 UTC) on Sept. 27, extending a sharp intraday decline while the token remained up 0.52% over 24 hours.

The price fell from $0.2924 four hours earlier to $0.2717. The figures were calculated from direct collection of publicly available spot prices on Binance’s ENA/USDT market.

Liquidations during the same one-hour period totaled $140,000 in long positions and $160,000 in short positions across Binance, Bybit and OKX.

Ethena ranked 40th by market capitalization at about $2.75911 billion.

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