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Ethena Falls 4.17% in One Hour to $0.2485 as 24-Hour Loss Widens

The token was down 6.82% over 24 hours. Long liquidations totaled $220,000 across three exchanges during the hour.

Mentioned assets
A metallic token rests at an angle on a dark stone surface / TokenPost.ai
A metallic token rests at an angle on a dark stone surface / TokenPost.ai

Ethena (ENA) fell 4.17% in one hour to $0.2485 at 12:11 a.m. ET Oct. 2 (04:11 UTC), extending its 24-hour decline to 6.82%. The price was measured from Binance spot ENA/USDT trading, using market data collected by TokenPost.

ENA had traded at $0.2593 an hour earlier. Its market capitalization was about $2.54457 billion.

Long liquidations totaled $220,000 during the hour across Binance, Bybit and OKX, while short liquidations totaled $0. Liquidations occur when exchanges close leveraged positions after traders can no longer meet margin requirements.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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