The significant investment in Ethena emphasizes the growing popularity of the project among investors.
Whales Accumulating ENA
A major investor has created a new wallet and acquired 5.29 million Ethena (ENA) tokens from Binance at an average price of $1.12, capitalizing on the cryptocurrency's price drop. This acquisition indicates investor confidence in ENA's long-term potential.
ENA Price Holds Steady
Over the past week, ENA's price has increased by 16.6%, showing market resilience, despite a 9.2% drop in the last 24 hours. The token continues to attract attention due to the actions of significant investors and stable market conditions.
Factors of Ethena's Success
Ethena's success factors include favorable market conditions for cryptocurrencies and investments by major players, including the World Liberty Financial project. Furthermore, recent USDe token airdrop programs have drawn additional investors.
The continued interest of major investors confirms Ethena's strong potential in the future.
