Ethena's ENA jumps 8% to $0.21 despite Arthur Hayes' $2.7M token sale
- —ENA traded near $0.207 after a 24-hour range of $0.1887–$0.2108
- —Market cap stands near $2.77 billion, ranking among the top 40 tokens
- —Lookonchain linked a 14 million ENA sale worth $2.73 million to Hayes
- —Key levels: support at $0.20, resistance at $0.23
Why it matters: The bounce looks technical: without a fresh catalyst, ENA remains pressured by Hayes' selling and a month-long decline.
Source: crypto.news