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CoinGape

Ethena Price Shoots 22% Amid Heavy ENA Accumulation by Arthur Hayes

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Summary
Nutrition label

64% Informative

BitMEX co-founder Arthur Hayes accumulated 16.79 million ENA tokens in just last two days .

Ethena market cap has soared to $2.13 billion , with open interest climbing 23% .

Hayes is reportedly moving all of his Aethir ( ATH ) holdings to ENA as part of portfolio reshuffling, after making heavy losses in ATH .

Analysts anticipate further 33% gains if ENA holds above its $ 0.75 support level.

VR Score

43

Informative language

31

Neutral language

27

Article tone

formal

Language

English

Language complexity

47

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Time-value

short-lived

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