<ul><li>Ethena's address growth and large transactions have surged, indicating deeper adoption from institutional and retail players.</li><li>Exchange outflows exceeded inflows for Ethena, pointing towards strong accumulation behavior and decreased sell pressure on centralized platforms.</li><li>Long liquidations surpassed short liquidations for ENA, indicating a clear long squeeze and a healthier technical base for potential climb.</li><li>Short-term trader activity has heightened for Ethena, confirming its re-entry into the market's focus and injecting fresh volume and liquidity.</li></ul>

Will Ethena [ENA] crack the $0.60 ceiling next? 3 signs say yes

Discover more