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Arthur Hayes Boosts ENA Holdings as Binance USDe Listing Sets Stage for Buybacks


by Anisha Pandey
for CoinEdition
Arthur Hayes raises ENA holdings past 5M as Binance’s USDe listing opens buyback potential
  • Arthur Hayes increased his ENA holdings to 5.02 million tokens worth $3.91 million.
  • ENA remains down nearly 49% from its all-time high despite Hayes’ accumulation.
  • Binance’s listing of USDe could trigger Ethena’s fee switch and potential $500 million in ENA buybacks.

Arthur Hayes, co-founder of BitMEX and a long-time supporter of Ethena, has doubled down on his bullish stance. 

On-chain data from Onchain Lens shows Hayes purchased 578,956 ENA from Binance, worth roughly $467,700. The buy lifts his total holdings to 5.02 million ENA, valued at $3.91 million. 

Why Hayes’ Buy Matt…

Read The Full Article Arthur Hayes Boosts ENA Holdings as Binance USDe Listing Sets Stage for Buybacks On Coin Edition.

Read the article at CoinEdition

Read More

PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

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Analyst Says XRP Dip Means Nothing As Long As $2.77 Support Remains Strong

Analyst Says XRP Dip Means Nothing As Long As $2.77 Support Remains Strong

Egrag Crypto, a well-known chart analyst in the XRP community, addressed the market f...

Arthur Hayes Boosts ENA Holdings as Binance USDe Listing Sets Stage for Buybacks


by Anisha Pandey
for CoinEdition
Arthur Hayes raises ENA holdings past 5M as Binance’s USDe listing opens buyback potential
  • Arthur Hayes increased his ENA holdings to 5.02 million tokens worth $3.91 million.
  • ENA remains down nearly 49% from its all-time high despite Hayes’ accumulation.
  • Binance’s listing of USDe could trigger Ethena’s fee switch and potential $500 million in ENA buybacks.

Arthur Hayes, co-founder of BitMEX and a long-time supporter of Ethena, has doubled down on his bullish stance. 

On-chain data from Onchain Lens shows Hayes purchased 578,956 ENA from Binance, worth roughly $467,700. The buy lifts his total holdings to 5.02 million ENA, valued at $3.91 million. 

Why Hayes’ Buy Matt…

Read The Full Article Arthur Hayes Boosts ENA Holdings as Binance USDe Listing Sets Stage for Buybacks On Coin Edition.

Read the article at CoinEdition

Read More

PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

PUMPtober Crypto Market Dumps but Big Rebound Expected, Analysts Say

Detail: https://coincu.com/analysis/pumptober-crypto-market-dumps-but-big-rebound-exp...
Analyst Says XRP Dip Means Nothing As Long As $2.77 Support Remains Strong

Analyst Says XRP Dip Means Nothing As Long As $2.77 Support Remains Strong

Egrag Crypto, a well-known chart analyst in the XRP community, addressed the market f...