{"id":16870,"date":"2025-09-09T18:11:54","date_gmt":"2025-09-09T17:11:54","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=16870"},"modified":"2025-09-09T18:11:55","modified_gmt":"2025-09-09T17:11:55","slug":"ethena-price-prediction-ena-heading-1dollars-despite-whale-sales","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/ethena-price-prediction-ena-heading-1dollars-despite-whale-sales\/","title":{"rendered":"Ethena Price Prediction: ENA Heading to $1 Despite Whale Sales?"},"content":{"rendered":"\n

Challenges of Whale Sell-offs on ENA<\/h2>\n\n\n\n

Recent intense whale selling activities have had a notable impact on Ethena<\/a> (ENA) price. One wallet transferred 34 million ENA<\/strong>, worth $22.65 million<\/strong>, to Binance<\/a> in just two weeks. This supply pressure raises questions about whether buyers can effectively absorb this increased supply.<\/p>\n\n\n\n

Despite these distribution risks, ENA’s daily chart shows a “cup-and-handle” formation, often associated with bullish continuation breakouts<\/strong>. This indicates key targets<\/strong> of $1.00<\/strong> and $1.25<\/strong>, provided bulls manage to take control above the immediate resistance near $0.85<\/strong>.<\/p>\n\n\n\n

\"ENA<\/figure>\n\n\n\n

Mixed Signals for Ethena<\/h2>\n\n\n\n

Spot volume data shows “heating up” conditions with increased participation and strong demand<\/strong>, validating the bullish price action<\/strong>. However, despite these positive signals, recent liquidations indicate downward pressure<\/strong> due to short positions.<\/p>\n\n\n\n

\"ENA<\/figure>\n\n\n\n

A turnaround could occur if bulls manage to break through resistance levels and push ENA toward bullish targets<\/strong>. Short position liquidations could then further support the positive momentum<\/strong>.<\/p>\n\n\n\n

Ethena’s (ENA) ability to maintain its position against whale activity will depend on technical strength and buyer support. Despite short-term risks<\/strong> related to distribution, bullish technical signals<\/strong>, robust spot activity, and short liquidations suggest significant upside potential<\/strong>.<\/p>\n\n\n\n

The question now is whether technical forces will prevail over whale actions to dictate the token’s<\/a> next move. Investors should remain attentive to future developments to optimize their returns<\/strong> in this volatile environment.<\/p>\n\n\n

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\"ENA
Source: CoinGlass<\/figcaption><\/figure>\n<\/div>\n\n\n

How to Buy ENA on Pionex?<\/h2>\n\n\n\n

With Ethena (ENA) currently trading around $0.61<\/strong>, discover our practical guide to buying this promising crypto<\/strong> on Pionex and capitalize on its growth potential<\/strong>.<\/p>\n\n\n\n

Follow these steps on Pionex:<\/p>\n\n\n\n

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  1. Create an account<\/strong>: Sign up on Pionex<\/a><\/strong> and complete the KYC verification<\/strong> for full access.<\/li>\n\n\n\n
  2. Deposit funds<\/strong>: Add cryptocurrencies (like USDT<\/strong>) or fiat currencies to your Pionex wallet<\/strong>, depending on available options.<\/li>\n\n\n\n
  3. Find the ENA pair<\/strong>: Access the Spot Trading<\/strong> section and select the ENA\/USDT<\/strong> pair.<\/li>\n\n\n\n
  4. Place an order<\/strong>: Choose a market order<\/strong> for instant purchase or a limit order<\/strong> to target a specific price, such as $0.61<\/strong> or $0.65<\/strong>.<\/li>\n\n\n\n
  5. Store your ENA<\/strong>: Keep your tokens in your Pionex wallet<\/strong> or transfer them to a secure external wallet<\/strong>.<\/li>\n<\/ol>\n\n\n\n
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    Buy ENA on Pionex and receive up to 1000 USDT bonus!<\/a><\/div>\n<\/div>\n\n\n\n

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