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Ethena (ENA) Drops 7.12% in an Hour as Long Liquidations Reach $2.44 Million

Binance’s hourly spot comparison ended at $0.1618. As of 16:11 UTC, ENA was down 12.53% over 24 hours.

Updated 1 min read
An editorial data graphic compares Ethena’s hourly price decline with long liquidations across three exchanges. / TokenPost.ai
An editorial data graphic compares Ethena’s hourly price decline with long liquidations across three exchanges. / TokenPost.ai

A one-hour decline in Ethena (ENA) coincided with $2.44 million in long liquidations across three exchanges, while a separate 24-hour reading showed the token down 12.54% at the same market check.

Binance’s earlier ENA/USDT quote was $0.1742 at 9:55 a.m. ET Thursday; at 10:55 a.m. ET (15:55 UTC), the pair stood at $0.1618, a 7.12% fall over the hour.

The liquidation tally put long-position closures at $2.44 million across Binance, Bybit and OKX for the same hour, with no short liquidations recorded. The price comparison covers Binance spot quotes; the liquidation total combines data from all three exchanges.

The 24-hour figure covers a separate rolling window. At 11:11 a.m. ET (16:11 UTC), ENA was $0.1627, down 12.53% over 24 hours. That was a different pattern from EconoTimes’ Wednesday snapshot, which showed a 6.13% hourly gain and an 11.01% 24-hour gain in its own check.

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