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Ethena Price Stuck at $0.093 Amid Weak Demand and Lower Trading Volume

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ENA
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The price of Ethena (ENA) has been stuck in a narrow trading range between $0.090 and $0.093 since it lost upside momentum at $0.093.

At press time, ENA traded near $0.093, up 1.33% daily, but with a 15% drop in trading volume indicating lower market activity.

An Amber Group-linked wallet bought 38.89 million ENA for $3.58 million, which some might see as a bullish sign, but the broader demand recovery remains uncertain.

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