🚀💰*ENA Coin Ignites: Triple Jumps and Daily Institutional Purchases Worth Millions of Dollars*📈🔥
Ethena (ENA) has achieved exceptional gains, rising by 22% in just 24 hours, with weekly gains around 45%. It has also increased by 118% over the month, driven by massive purchases from large investors and financial institutions.
*Reasons for the Rise*
1. *Massive Purchases*: Large investors and financial institutions have bought substantial amounts of ENA Coin.
2. *Arthur Hayes' Entry*: Arthur Hayes, the former CEO of BitMEX, purchased 2.16 million ENA Coins valued at nearly $1.03 million.
3. *Daily Purchase Plan*: StablecoinX, listed on Nasdaq, has begun implementing a daily purchase plan for the coin worth $5 million.
*Future of ENA Coin*
1. *Expansion*: The Ethena system continues to expand, with total value locked (TVL) on the platform exceeding $7.19 billion.
2. *Strengthening Position*: ENA Coin is strengthening its position as one of the largest stablecoin protocols built on the Ethereum network.
3. *Increased Confidence*: The massive purchases reflect increasing confidence among whales regarding the future of the coin.
#BitcoinTreasuryWatch #CFTCCryptoSprint #Write2Earn $ENA $ETH $XRP
