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Big ENA Purchase Fails to Spark Momentum as Ethena Buyers Stay on the Sidelines

Big ENA Purchase Fails to Spark Momentum as Ethena Buyers Stay on the Sidelines

A wallet attributed to the firm Amber Group withdrew 38.89 million ENA tokens, valued at $3.58 million, from the Binance platform in the early days of August 2026. Net inflow to exchange platforms maintained an estimated positive balance of $325,000 for three consecutive days through August 7, 2026.

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ENAUSD ENAUSD
Source: Crypto Economy
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