By admin Key Points: Despite the sale, the wallet retains 7,702 ETH, indicating a strategic profit-taking phase rather than a full exit. The same whale had previously withdrawn over 15,000 ETH between July 20 and August 12 at an average price of $3,869. Another large investor moved 3.25 million USDC into Hyperliquid and initiated a […]
Tag: EMA
By Afe Funbi Key highlights: Ethena price finds good support at $0.64, and there are investors holding out for a potential breakout above $0.67-$0.70. On-chain indicators indicate 140 Million ENA removed from exchanges over four days, which implies reduced sell pressure. Technical setup indicates potential for upside to $0.74-$0.76, but a dip below $0.64 would […]
By Olasunkanmi Abudu decisive phase, trading around $0.86 after days of volatility. While the token has been consolidating inside a descending channel, its long-term rising trendline from July continues to provide crucial support. This balance between bearish short-term pressure and bullish long-term structure is creating tension in the market, leaving traders eager to see which […]