ENA can be easily manipulated, as eight whales hold 90.09% of Ethena’s total supply.
If the price rises to the $0.260 level, nearly $2.8 million worth of short positions will be liquidated.
The post Ethena whales offload 22 mln ENA at $7 mln loss: Crash incoming? appeared first on AMBCrypto.
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Ethena whales offload 22 mln ENA at $7 mln loss: Crash incoming?