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ethena is a 6% correction – why do whales continue to buy?! 🚀 whales be like “time to scoop up dem discounted coins
ethena whales be like 🚀🐋! why sell when you can scoop up more in the dip 🤑?
pattern: Despite a 6% correction, whales are accumulating Ethena due to promising chain metrics, potential price rally, and increased interest from long
Main to remember:
– Chain metrics suggest short-term downward trend due to rising short positions.
– ENA price might rally 6% soon.
– After a 21% recovery post-Powell’s speech, ENA seems to correct.
– Whales and long-term holders show interest in ENA.
– Notable whale purchases and exchange outflows hint at potential ENA growth.
– The market indicates a possible peak in ENA price due to trends in Ethereum and Bitcoin flows.
https://altcoin.observer/ethena-is-a-6-correction-why-do-whales-continue-to-buy/
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