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Ethena Drops 10.56% In One Hour To $0.1838 On Binance Spot

TokenPost’s one-hour liquidation aggregation showed $1.94 million in long positions and $10,000 in short positions across three exchanges.

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An unmarked metal token teeters on a dark sloped surface / TokenPost.ai
An unmarked metal token teeters on a dark sloped surface / TokenPost.ai

Ethena (ENA) fell 10.56% in the hour ending at 5:05 p.m. ET (21:05 UTC) Thursday, Oct. 29, reaching $0.1838 on Binance spot ENA/USDT, based on TokenPost’s direct collection of exchange prices.

One hour earlier, at 4:05 p.m. ET, the pair was $0.2055, a $0.0217 decline between the two observations. ENA was down 13.63% over 24 hours, extending the loss beyond the one-hour window. The one-hour percentage compares the two Binance spot readings; the 24-hour change is a separate measurement window.

TokenPost’s aggregation of liquidations across Binance, Bybit and OKX showed $1.94 million in long positions and $10,000 in short positions during the same hour. Long liquidations exceeded short liquidations by $1.93 million. These figures cover the three named venues during that hour, while the price observation is specifically from Binance’s spot ENA/USDT market.

Ethena ranked 38th by market capitalization at about $2.75933 billion, providing a size reference for the market move.

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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