Ethena Falls 4.69% in One Hour to $0.1483 on Binance Spot

Ethena (ENA) fell 4.69% in one hour to $0.1483 at 10:42 a.m. ET (15:42 UTC) on Nov. 10, as $500,000 in long positions were liquidated across three exchanges during the same hour.

The price change uses directly collected public quotes for Binance’s ENA/USDT spot market: $0.1556 at 9:42 a.m. ET and $0.1483 at 10:42 a.m. ET. Both observations cover the same asset, trading pair and exchange. ENA was down 5.42% over 24 hours, a separate measurement window from the one-hour move.

A direct tally of liquidations on Binance, Bybit and OKX counted $500,000 in long positions and $20,000 in short positions during the hour. The liquidation totals combine activity on those three exchanges, while the two spot-price observations come from Binance. The figures describe the trading activity recorded during the period; they do not establish a cause for the price move.

Ethena ranked 43rd among crypto assets by market capitalization, at about $2.1319 billion.