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Ethena’s ENA Token Shows Promise Despite Recent Volatility

DATE POSTED:May 22, 2024

Ethena’s ENA token has experienced a dynamic week, rising 19% over the past seven days. However, recent market movements have seen GSR Markets, a key market maker for ENA, deposit 5.5 million ENA tokens worth $4.84 million into Gate. 

This action coincided with a 5.4% drop in ENA’s price over the past 24 hours and a 41% decline in trading volume.

过去 17 小时, ENA 做市商 GSR Markets 将 550 万枚 $ENA 充值进 #Gate,价值 484 万美金;过去 24 小时 ENA 币价已下跌 5.4%