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Ethena (ENA) Falls 7.8% in Four Hours to $0.2019 as Long Liquidations Reach $410,000

ENA was down 16.12% over 24 hours at 8:49 p.m. ET Monday, based on Binance spot pricing.

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Metallic token tipped beside a sharply falling red market bar / TokenPost.ai
Metallic token tipped beside a sharply falling red market bar / TokenPost.ai

Ethena (ENA) fell 7.81% in four hours to $0.2019 at 8:49 p.m. ET Monday (00:49 UTC Tuesday), extending its 24-hour decline to 16.12%.

The price was measured on Binance's ENA/USDT spot market, where ENA stood at $0.219 four hours earlier. TokenPost calculated the move from exchange-traded prices.

During the same one-hour period, long liquidations totaled $410,000 across Binance, Bybit and OKX, compared with $40,000 in short liquidations. Ethena was ranked 41st by market capitalization in the supplied market data.

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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