Derived from Bijié Wǎng, Ethena (ENA) experienced a 10% price decline due to $572 million in net outflows, a $4.56 million token unlock, and a sharp drop in daily revenue to $1,817. Protocol activity also fell, with transaction volume dropping to 24,500. StealthEx CEO Maria Carola attributed the sell-off to macroeconomic pressures and uncertainty around Federal Reserve policies.
Ethena (ENA) Price Drops 10% Amid $572M Net Outflows and Falling Daily Revenue
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.