Ethena (ENA) fell 6.10% on Binance over an hour Thursday as a three-exchange liquidation tally showed far more forced closures of long positions than shorts.
The Binance ENA/USDT spot pair stood at $0.1972 at 4:35 p.m. ET (20:35 UTC), after trading at $0.21 an hour earlier. At that snapshot, ENA's 24-hour change was -4.78%, a separate measure from the one-hour decline.
The tally for Binance, Bybit and OKX counted $280,000 in long liquidations, against $10,000 for shorts, bringing the combined figure to $290,000. Long positions are bets on price gains; short positions are bets on declines.
As of 4:45 p.m. ET (20:45 UTC), a later market snapshot showed ENA at $0.1908, down 8.30% over 24 hours. The hourly move reflects Binance spot trading; the liquidation tally covers the three exchanges.
