Crypto

AMBCrypto @AMBCrypto · 2026-07-24

Assessing ENA’s short-term price targets after $26.4M wallet move causes a stir

Ethena's $26.4M ENA transfer sparked selling concerns as buyers challenged its key resistance.

Quick take

Ethena's Coinbase custody wallet transferred 290 million ENA worth $26.41 million to a personal wallet. Despite this, traders did not immediately respond with aggressive selling, and exchange flow data showed a balanced picture. ENA traded near $0.0913, approaching the $0.0955-resistance level.

Read original at AMBCrypto

Summarised by netranta from AMBCrypto. Open the original for the full story.

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