ENA hovers near its 24-hour high as trading activity surged roughly
↗20%
over the past day, though blockchain data reveals investors moving approximately $1.84M to exchanges.
Mixed positioning signals
Investor interest in leveraged positions rose roughly
↗7.15%
over the past day while the price climbed approximately
↗2.83%
, yet blockchain data shows around $1.84M moved to exchanges over the past 24 hours—suggesting divergent positioning strategies.
Borrowing costs remain neutral
Borrowing costs for leveraged positions held at approximately 0.01% (around 4.45% yearly) while total liquidations reached roughly $274M over the past 24 hours, with more long positions liquidated than short positions.
Loss realization visible on-chain
Investors are realizing losses on their holdings (SOPR at 0.89) while 824 unique addresses were active over the past day, with 154 new holders joining.
Consolidating while DeFi advances
The price rose roughly
↗15.78%
over the past month while the broader DeFi category climbed roughly
↗25.06%
over the same period.