Ethena Drops 4.58% in an Hour to $0.1688 on Binance Spot

Ethena (ENA) dropped 4.58% in the hour through 8:35 p.m. ET Tuesday to $0.1688 on Binance spot, a sharper move than its 24-hour decline of 1.97%.

The $0.1769 quote came one hour before the $0.1688 observation. The later price was recorded on Binance's ENA/USDT spot market at 9:35 a.m. Korea time on Nov. 4, or 8:35 p.m. ET Nov. 3 (00:35 UTC Nov. 4). The 4.58% figure covers that one-hour interval; the 1.97% figure compares the price with its level 24 hours earlier.

Across Binance, Bybit and OKX, ENA had $160,000 in long liquidations and $0 in short liquidations over the same one-hour period. ENA ranked 42nd by market capitalization, at about $2.34963 billion.

The hourly decline was 2.61 percentage points steeper than the 24-hour loss, while both measures were negative at the observation time. The figures describe different windows: a single hour on the Binance spot pair and the preceding 24 hours.