Ethena’s ENA Fell 13.77% in a Post-Oct. 24 Price Comparison

Ethena (ENA) was listed 13.77% lower in a Nov. 3 price comparison following BitMEX co-founder and Flop Labs CEO Arthur Hayes’ Oct. 24 decision to take profits from the token. ENA was $0.169, down from $0.196. Ether (ETH) was $2,257, down from $2,375, a 4.96% decline, while Uniswap (UNI) was $6.91, down from $6.93, a 0.28% decline. Hayes said he took profits on Ether, ENA and UNI in Maelstrom’s directional trading book, citing what he called “dicey” macroeconomic and geopolitical conditions. TokenPost previously covered Hayes’ Oct. 24 move . Enna Lee reports on investing and digital-asset markets for TokenPost.