thenewscrypto.com
- A whale wallet has deposited 10 million $ENA for around $2.05 million into Binance.
- Ethena price has dropped by 3.74% over the last 24 hours.
- The move has triggered $ENA liquidation concerns.
Ethena price has dropped significantly over the last 24 hours. The effects are starting to appear, with one whale wallet reportedly depositing $ENA tokens into Binance. This has sparked concerns around the token’s liquidation, which could further fuel temporary downswings in the next few days.
$ENA Deposited into Binance
A whale wallet has deposited 10 million $ENA into Binance. Their collective worth was around $2.05 million at the time of the transaction, with the wallet likely linked to Maven11. The transaction comes a month after the wallet deposited 3.68 million Ethena tokens into Binance. Their total value was around $1.06 million. He received 18.18 million $ENA tokens from vesting last month for almost $4.48 million.
20 minutes ago, a wallet (may belong to #Maven11capital) deposited 10M $ENA (~$2.05M) into #Binance.
— The Data Nerd (@OnchainDataNerd) December 30, 2025
Last month, he received 18.18M $ENA (~$4.48M) from vesting & deposited 3.68M $ENA (~$1.06M) into #Binance.
Address:https://t.co/RaWz8EthXb pic.twitter.com/361o2fLjjv
The transaction has triggered anticipation around $ENA liquidation. This is because Ethena seems to be sharing the pattern with ETH. A total of 112,894 Ethereum tokens were transferred recently for almost $332 million. A few crypto enthusiasts believe that pieces are being moved before the storm hits.
Ethena Price Drop
What is believed to have ignited the $ENA deposit into Binance is the price decline. The token shows a fall of 3.74% over the last 24 hours, at the time of writing this article. Thereby taking Ethena price to around $0.2056, with a decline of 6.69% in its 24-hour trading volume.
$ENA last noted an $ATH of $1.52 on April 11, 2024, and an ATL of $0.1858 on October 11, 2025. It is down by 86.44% from the $ATH and up by 10.67% from the ATL, amid a very high volatility of 12.49%.
$ENA in 2026
$ENA price predictions for early 2026 are bearish. The next 1 month could see the token plunge by 25% to around $0.1564. The next 3 months could bring the token down by 23.27% from the current value, taking it to $0.1600. The FGI is at 23 points for extreme fear. $ENA only saw 13 green days in the last 30 days. The 14-Day RSI, however, is neutral with 39.92 points.
Ethena tokens are now testing the upper resistance level of $0.2170 and the lower resistance level of $0.2287. It is simultaneously checking the lower and upper support levels of $0.1936 and $0.2053, respectively.