ENA: Whale Stakes 44M Tokens After Coinbase Withdrawal

ENA drew fresh whale attention when a new wallet withdrew 44.19 million tokens valued at $682,000 from Coinbase and immediately staked the entire position into Ethena.

Price action on the 4h chart sits exactly at the EMA50 level of $0.15 that now functions as immediate support, while the EMA200 at $0.12 offers deeper structural backing. The neutral RSI reading of 46.62 leaves room for continuation higher even as the MACD registers a death cross, and the position inside the Bollinger bands keeps the $0.17 upper band as the next volatility target before any test of the $0.14 lower band.