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Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Currency Analytics
February 13, 2025

Ethena (ENA) Drops 10% as Whale Moves Tokens to Binance

Ethena's native token, ENA, is facing significant downward pressure after one of the token's major holders transferred 18 million ENA tokens, worth around $8.78 million, to Binance. This substantial transaction, which occurred on February 11, has caused a notable price drop for the token, with ENA experiencing a more than 10% decline in value over the past 24 hours.

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cover-imageInvezz
February 12, 2025

Ethena price drops 12% as 8M ENA unlock coincides with hotter US CPI data

Digital tokens suffered sudden dips as Bitcoin plunged beneath $95K after the US CPI data. While top altcoins XRP (-3.05%), Solana (-3.30%), and AVAX (-5%) reflected the dwindled sentiments, Ethena led the downside with an over 12% dip. Besides the worrying inflation figures, today's Ethena unlock intensified ENA's price plunge on the daily chart.

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