Ethena Falls 4.1% in One Hour to $0.2658, With $470,000 Liquidated

Ethena (ENA) fell 4.08% in one hour to $0.2658 at 11:03 a.m. ET (15:03 UTC) on Sept. 30, extending a sharp short-term decline despite a 4.48% gain over the previous 24 hours.

The price dropped from $0.2771 to $0.2658 over the hour. The figure reflects TokenPost’s direct calculation from publicly available Binance spot ENA/USDT prices.

Liquidations across Binance, Bybit and OKX totaled $470,000 during the same period. Long positions accounted for $230,000 of the liquidations, while short positions accounted for $240,000.

ENA’s latest move highlights the gap between its hourly and daily performance, with the token still higher over 24 hours even after the recent pullback.