Ethena Price Slips as $5.7B Outflows Hit TVL: Will ENA Stabilize?

Ethena (ENA) continues to struggle in the market, sliding beneath both its 7-day and 30-day moving averages and confirming a reinforced bearish structure. Over the past week, ENA dropped roughly 13%, reflecting persistent downward pressure and the unwinding of its late-summer rally. Charts from 10x Research show a clear deterioration in trend: ENA’s strong August […] The post Ethena Price Slips as $5 source: https://www.ethnews.com/ethena-price-slips-as-5-7b-outflows-hit-tvl-will-ena-stabilize/