Whales cutting losses and running away? Ethena's crash hides a dragon-slaying sword 🩸💰
Being rich but ridiculously stupid! A big player stubbornly held ENA for three months and ended up losing 13%, leaving with a dejected face after cutting losses 🐳💸
Now the question arises - did they run too early?!
Although the ENA price once fell to the point of questioning life, it still remains above the key support line.
📉 Is it falling hard? Yes!
📈 Is it bouncing back quickly? Maybe it’s brewing!
Another ruthless whale directly charged into the market with a 10x long position, although they also got bloodied, this actually reveals a signal: Is the market about to change? ⚠️
Just when you are still hesitating whether to buy or not, Ethena's own stablecoin USDe's supply surged by $300 million in a week!
Do you remember last October?
At that time, when USDe's supply skyrocketed, ENA directly jumped from $0.25 to $1.25! ⚡️
Will history repeat itself this time? Who leaves, who regrets? Who holds, who gets rich? 💎🙌
MACD is lifeless, trading volume is skyrocketing, and whales are falling everywhere...
Isn't this a typical feature before a big market move?
Conclusion:
They are the ones cutting losses; who is picking up the money? You decide 🧠💸
For those who missed $0.25→$1.25, will they dare to hesitate this time? 🩶🔥