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Ethena (ENA) Falls 4.45% in One Hour on Binance Spot; Long Liquidations Reach $190,000 Across Three Exchanges

ENA was 0.84% higher than it had been 24 hours earlier. Short liquidations across the three exchanges totaled $10,000 during the hour.

Updated 1 min read
A market graphic depicts Ethena's one-hour decline on Binance's spot market. / EconoTimes.ai
A market graphic depicts Ethena's one-hour decline on Binance's spot market. / EconoTimes.ai

Ethena (ENA) lost 4.45% on Binance’s spot market over one hour, while $190,000 in long positions were liquidated across three exchanges and its 24-hour price change remained positive.

Binance quoted the ENA/USDT spot pair at $0.191 at 8:22 p.m. ET Oct. 20 (00:22 UTC Oct. 21). The quote had been $0.1999 an hour earlier.

The liquidation tally covered Binance, Bybit and OKX over that hour. It also recorded $10,000 in short liquidations, far below the long-position total. The tally spans three exchanges, while the 4.45% price change measures Binance spot trading alone.

At the time of the $0.191 quote, ENA was 0.84% above its price 24 hours earlier. An earlier EconoTimes snapshot showed a different pattern: a 4.43% hourly rise alongside a 1.71% decline over 24 hours. That earlier tally recorded $10,000 in short liquidations and none in long liquidations across the same three exchanges.

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