BitMEX Co-Founder Arthur Hayes Buys ENA and ETHFI, Sparks optimism

• Arthur Hayes bought 4,857,771 ENA and 697,851 ETHFI from Galaxy Digital.
• Transactions were worth $987.12k and $484.28k, respectively.
• BitMEX Co-Founder hinted that cryptocurrencies could pump up the jam.

Arthur Hayes, Co-Founder of BitMEX, just bought more Ethena (ENA) and ETHFI tokens from Galaxy Digital. This has sparked bullish sentiments across the crypto market, considering recent transfers by whale wallets had triggered liquidation concerns. ENA price prediction for early-2026, interestingly, remains bearish.

Arthur Hayes Buys ENA and ETHFI

The Co-Founder of BitMEX, Arthur Hayes, has bought additional ENA and ETHFI from Galaxy Digital. He bought them in two different transactions. One transaction was for 4,857,771 ENA for a collective worth of approximately $987.12k. Another transaction was for 697,851 ETHFI. Their total value was around $484.28k at the time of transactions.

Arthur had earlier suggested that liquidity bottomed in November and was now starting to inch higher. He added that this could be the time for cryptocurrencies to pump up the jam, or increase liquidity.

ENA Whale, Earlier

A whale wallet recently deposited 10 million ENA into Binance for almost $2.05 million. This triggered concerns around the liquidation of their holdings. These grew stronger because the price slipped by 3.74% in a single day. The community took note of the development to assume that the move was likely to avoid the storm.

The wallet is believed to be linked to Maven11, who deposited 3.68 million Ethena tokens into Binance one month ago for $1.06 million.

ENA Price Now and Later

Ethena tokens are currently listed at $0.2041, down by 1.61% over the last 24 hours, and up by 3.21% in the last 7 days. They are projected to decline by 24.99% in the next 1 month and by 23.26% in the next 3 months, from the current value, amid a very high volatility of 12.36%. This would take their value to $0.1526 and $0.1561, respectively.

Overall sentiments around Ethena tokens are bearish, given the FGI is 21 points, and it has recorded only 13 green days in the last 30 days. ENA is now testing the support margins of $0.2000 and $0.1911, along with the resistance margins of $0.2090 and $0.2179.

Nevertheless, the majority of the indicators signal either neutral or buy, with only select indicators hinting at sell. It is still recommended to do thorough research and risk assessment before crypto investments because the market is volatile.

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