By mrblockchain Markets experienced a brutal awakening as billions in crypto positions vaporized within hours. The carnage was indiscriminate yet selective targeting those who dared to dream too big with borrowed capital. Ethereum emerged as the primary victim shedding $7.95 million in liquidated positions while the rest of the crypto ecosystem watched in horror. Bitcoin […]
Tag: ENA
By Aaron Watts The synthetic dollar USDe, issued by Ethena, has rapidly become the third-largest stablecoin by market capitalization in 2025, now boasting a circulating supply of nearly $5.8 billion. Much of this momentum can be attributed to its innovative peg mechanism, which blends derivatives with on-chain liquidity, but also to growing institutional support, most […]