Latest Update
2026-09-28 22:05 UTC

ENA: New Wallet Pulls 18.84M Tokens From FalconX

ENA: New Wallet Pulls 18.84M Tokens From FalconX

ENA: Fresh wallet withdraws 18.84M tokens worth $4.91M from FalconX as price holds $0.25 support on 4h chart.

Source

Analysis

ENA saw a newly created wallet 0xc642 withdraw 18.84M tokens valued at $4.91M from FalconX eleven hours ago, continuing the pattern of large ENA withdrawals observed over the past year.

Ethena's synthetic dollar protocol has drawn steady whale interest since its expansion last year. On the 4h chart price sits exactly at the lower Bollinger Band support of $0.25 while the EMA50 at $0.24 acts as immediate structural floor and the EMA200 at $0.18 marks deeper long-term demand; RSI at 49.15 remains neutral yet the MACD death cross signals fading momentum, suggesting any ENA price prediction must account for a possible quick test of upper band resistance at $0.29 before continuation.


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