Ethena (ENA) Price: Arthur Hayes Sells 14M Tokens and ENA Bounces 9%

TLDR ENA trades near $0.205 and sits on support at $0.19-$0.20, close to a rising trendline from August. USDe is now live on OKX’s X Layer and OKX Wallet. About 275 million ENA, worth roughly $56-$57 million, unlocks on Nov. 1. USDe TVL fell to about $4.59 billion on Oct. 25, down from $4.98 billion on Oct. 7. CoinGecko reported an 8.8% rebound after Arthur Hayes sold 14 million ENA. Ethena (ENA) is trading around $0.205 on the Oct. 26 daily chart. The token is consolidating after a September rally and an October pullback.