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Ethena Falls 4.66% in an Hour to $0.2006 as Long Liquidations Rise

ENA was down 4.97% over 24 hours. Long liquidations totaled $2.16 million during the hour across three exchanges.

By Enna Lee
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Mentioned assets
A metal token rests at an angle on a dark stone counter / TokenPost.ai
A metal token rests at an angle on a dark stone counter / TokenPost.ai

Ethena (ENA) fell 4.66% in one hour to $0.2006 at 9:47 a.m. ET (13:47 UTC) Oct. 14, as liquidations across major exchanges heavily favored long positions.

ENA dropped from $0.2104 an hour earlier and was down 4.97% over 24 hours. The price reflects Binance spot ENA/USDT market data collected at that time.

Across Binance, Bybit and OKX, one-hour liquidations totaled $2.16 million for long positions and $90,000 for short positions. Ethena ranked 41st by market capitalization, at about $2.81498 billion.

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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