Ethena Drops 4.61% in an Hour to $0.1468 as Long Liquidations Top $2M

Ethena (ENA) fell 4.61% in one hour to $0.1468 at 5:06 p.m. ET Sunday, Nov. 8 (22:06 UTC), while long liquidations across three exchanges totaled $2.09 million during the same hour.

ENA was $0.1539 one hour before the $0.1468 reading on Binance spot ENA/USDT. The one-hour decline is based on those two observations, while the 24-hour comparison showed a 6.62% loss. Both percentage changes use the $0.1468 reading as their endpoint but measure different time windows.

Across Binance, Bybit and OKX, ENA long liquidations totaled $2.09 million and short liquidations totaled $10,000 over the same hour. The long liquidation total was higher than the short total.

ENA ranked 45th by market capitalization, at approximately $2.04973 billion in the market snapshot. The 24-hour move showed the decline extended beyond the one-hour window.