Whale Buying Fails to Budge Ethena's $0.10 Resistance

Ethena has been stuck at the $0.10 resistance level, despite whale buying activity from large-scale holders.

The On-Balance Volume reading is flat, indicating that trading volume hasn't been strong enough to push prices higher, and exchange netflows are soft, pointing to limited new capital entering the market.

Whale accumulation in crypto is usually a bullish signal, but in this case, it's not translating into broader market activity. Retail investors seem unmoved by the whale buying, watching from the sidelines while big money quietly loads up.