Ethena fell 4.58% on Binance over an hour late Tuesday, while a tally across three exchanges recorded $160,000 in liquidations of positions held for a price rise.
The ENA/USDT spot pair was $0.1688 at 7:35 p.m. EST Nov. 3 (00:35 UTC Nov. 4), down from $0.1769 an hour earlier. The three-exchange tally recorded no liquidations of short positions.
The price change covers Binance’s spot market over one hour; the liquidation count spans Binance, Bybit and OKX. Traders holding long positions stand to gain if ENA rises and lose if it falls.
As of 00:49 UTC Nov. 4, ENA was trading at $0.1704, down 0.71% over 24 hours. That later quote uses a different measurement window from the hourly decline.
In a previous report on a separate ENA slide, EconoTimes covered a 6.10% hourly drop alongside $280,000 in long liquidations.
