Quietly outpacing DeFi peers with a roughly

↗4%

daily gain, ENA is squeezing short sellers as accumulation patterns emerge.

Multiple signals aligning

Price strength, growing trading interest, and movement off exchanges over the past 24 hours are all pointing in the same direction, painting a picture of building momentum even as some holders sell at small losses.

Short sellers facing pressure

Forced selling hit approximately $96M over the past 24 hours compared to approximately $55M in forced buying during the same period, while active positions grew roughly

↗4%

and the cost to hold bullish bets remained positive at around 11% annualized.

Accumulation quietly building

More ENA moved off exchanges than onto them over the past day (roughly $0.44M net outflow), a sign that holders are moving tokens into personal wallets rather than preparing to sell, even as some recent buyers exit positions at small losses.