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Ethena (ENA) Falls 10.56% as Long Liquidations Reach $1.94 Million

Binance quoted ENA at $0.1838 at 5:05 p.m. ET, while the liquidation tally covered Binance, Bybit and OKX.

Updated 1 min read
A commuter checks a phone on a sidewalk in New York City's Financial District / EconoTimes.ai
A commuter checks a phone on a sidewalk in New York City's Financial District / EconoTimes.ai

Ethena (ENA) fell 10.56% in a one-hour Binance spot comparison Thursday, while a separate three-exchange tally showed $1.94 million in liquidations of long positions during that hour.

The ENA/USDT pair on Binance was quoted at $0.2055 at 4:05 p.m. ET (20:05 UTC) Thursday, Oct. 29, then at $0.1838 an hour later at 5:05 p.m. ET (21:05 UTC). The difference was $0.0217.

Across Binance, Bybit and OKX, the hour’s tally came to $1.94 million for long liquidations and $10,000 for short liquidations. The long-side total was $1.93 million higher. The liquidation data span three exchanges, while the price comparison uses Binance spot quotes.

An earlier EconoTimes report on ENA’s 6.10% hourly decline put the token at $0.1972 at 4:35 p.m. ET and showed $280,000 in long liquidations against $10,000 in short liquidations.

As of 21:15 UTC, ENA was trading at $0.1866, down 11.83% over 24 hours. That daily reading covers a different period from the one-hour comparison.

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