Add as a preferred source on GoogleEthena Falls 7.12% in Four Hours to $0.1956 on Binance Spot
The 24-hour decline was 6.19%, while one-hour liquidations totaled $300,000 in long positions and $0 in short positions across three exchanges.
Ethena (ENA) fell 7.12% in four hours to $0.1956 at 10:33 p.m. ET Wednesday, Oct. 28 (02:33 UTC Thursday, Oct. 29) on Binance spot trading, extending its 24-hour decline to 6.19%.
The four-hour calculation compares Binance's ENA/USDT spot price of $0.2106 with $0.1956 four hours later, a decrease of $0.015 per token. This gives the size of the move between the two stated observations. The 24-hour figure is a separate comparison and puts ENA down 6.19% from its price one day earlier.
ENA ranked 39th by market capitalization at about $2.7408 billion in the same market snapshot. In a separate one-hour tally covering Binance, Bybit and OKX, long liquidations totaled $300,000 and short liquidations totaled $0. The liquidation figures cover a one-hour window, while the price changes cover four- and 24-hour periods. The figures show the price decline alongside more long than short liquidations during that shorter interval.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.