Ethena (ENA) 協議在 USDe 與 Deribit 整合之前發現鯨魚活動激增

Ethena是一個建立在以太坊區塊鏈上的金融協議，旨在提供獨立運行的合成美元解決方案

Ethena, a financial protocol on the Ethereum blockchain, is set to have its synthetic dollar, USDe, integrated into Deribit's margin collateral early next year.

Ethena 是以太坊區塊鏈上的財務協議，將於明年初將其合成美元 USDe 整合到 Deribit 的保證金抵押品中。

Pending regulatory approval, the move will see USDe join Deribit's cross-collateral pool, boosting trading options and enabling users to pursue more diverse strategies.

在等待監管部門批准之前，此舉將使 USDe 加入 Deribit 的跨抵押品池，從而增加交易選擇並使用戶能夠追求更多樣化的策略。

This development comes amid growing confidence in USDe's stability and viability as a digital asset pegged to the U.S. dollar. Despite encountering challenges such as negative funding rates, USDe's supply remains robust at around $3.09 billion, indicating sustained demand.

這項進展是在人們對 USDe 作為與美元掛鉤的數位資產的穩定性和可行性越來越有信心的背景下實現的。儘管面臨負資金利率等挑戰，USDe 的供應量仍然強勁，約 30.9 億美元，顯示需求持續強勁。

On November 19, the stablecoin experienced a significant inflow of $119 million in a single day, contributing to a total of $1 billion in inflows over the past month. As a result, USDe's market cap now stands at about $3.44 billion, indicating a recovery and growth trend as it approaches its all-time high of $3.6 billion.

11 月 19 日，穩定幣單日大幅流入 1.19 億美元，過去一個月的流入總額達 10 億美元。因此，USDe 的市值目前約為 34.4 億美元，顯示其正在接近 36 億美元的歷史高點，呈現復甦和成長趨勢。

This protocol is designed to operate independently of traditional banking systems. A recent analysis of on-chain activity reveals a surge in whale transactions impacting Ethena's market, particularly in its governance token, ENA, and synthetic dollar, USDe.

該協議旨在獨立於傳統銀行系統運作。最近對鏈上活動的分析顯示，鯨魚交易激增對 Ethena 市場產生了影響，特別是其治理代幣 ENA 和合成美元 USDe。

The number of large transactions (over $100,000) increased dramatically from 23 to 128, indicating growing interest from big investors in both ENA and USDe. Large holders also accumulated about 5.4 million ENA tokens, valued at around $2.3 billion.

大筆交易（超過 10 萬美元）的數量從 23 筆大幅增加至 128 筆，顯示大型投資者對 ENA 和 USDe 的興趣不斷增長。大持有者還累積了約 540 萬個 ENA 代幣，價值約 23 億美元。

This accumulation marks a significant rise in whale holdings, indicating a positive outlook for ENA. Overall, this trend suggests that large investors are becoming more confident in the Ethena ecosystem.

這一積累標誌著鯨魚持有量的顯著增加，表明 ENA 的前景樂觀。總體而言，這一趨勢表明大型投資者對 Ethena 生態系統越來越有信心。

ENAUSD is trading flat after a nice pullback. It recovered above $0.60 after a minor sell-off, and the pair holds well above the short-term (34 and 55 EMA) and long-term moving averages. It hit a low of $0.5571 yesterday and is currently trading around $0.6389.

ENAUSD 在大幅回檔後交易持平。在小幅拋售後，該貨幣對恢復至 0.60 美元上方，且遠高於短期（34 和 55 EMA）和長期移動平均線。昨天觸及 0.5571 美元的低點，目前交易價格約為 0.6389 美元。

Potential Support and Resistance Levels

潛在支撐位和阻力位

The bullish invalidation can happen if the pair closes below $0.260. On the lower side, the near-term support is $0.550. Any break below targets 0.4350/0.4350/0.370/0.300/\0.260. The immediate resistance stands at around $0.5375. Any breach above confirms a minor pullback. A jump to 0.6350/0.750 is possible. A surge past $0.75 will take it to $1.

如果該貨幣對收於 0.260 美元以下，則可能會發生看漲失效。下方，近期支撐位為 0.550 美元。任何跌破目標0.4350/0.4350/0.370/0.300/\0.260。直接阻力位於 0.5375 美元附近。上述任何突破都證實了小幅回檔。跳躍至 0.6350/0.750 是可能的。飆升至 0.75 美元以上將升至 1 美元。

Trading Strategy Recommendation

交易策略推薦

It is a good strategy to buy on dips around $0.600 with a stop-loss around $0.4350 and a target price of $1.

在 0.600 美元左右逢低買入、止損在 0.4350 美元左右、目標價為 1 美元是一個不錯的策略。