Ethereal Exchange 提議整合 DEX，Ethena (ENA) 上漲 36%

Ethena [ENA] 六個月前推出，ICO 價格為 0.57 美元，第一周飆升至 1.46 美元。此後，它面臨看跌趨勢。

Ethena [ENA] price analysis for September 2023 reveals a tale of ups and downs, influenced by large holders and a squeeze in shorts.

Ethena [ENA] 2023 年 9 月的價格分析揭示了受大戶持有者和空頭擠壓影響的漲跌故事。

After launching six months ago at an ICO price of $0.57, ENA shot to $1.46 in the first week. However, it faced a bearish trend since then.

六個月前以 0.57 美元的 ICO 價格推出後，ENA 在第一周就飆升至 1.46 美元。然而，此後它面臨看跌趨勢。

But mid-September saw ENA break past its previous rejection level, reaching $0.413. This marked a solid 36% gain in just one week.

但 9 月中旬，ENA 突破了先前的拒絕水平，達到 0.413 美元。這標誌著短短一周內就實現了 36% 的強勁成長。

According to AMBCrypto, ENA’s next milestone is to retest the $0.46 resistance, contingent upon sustaining the upward trend.

據 AMBCrypto 稱，ENA 的下一個里程碑是重新測試 0.46 美元的阻力位，前提是維持上漲趨勢。

Meanwhile, Ethena is proposing new developments to integrate Ethereal Exchange’s DEX into its hedging engine.

同時，Ethena 正在提出新的開發方案，將 Ethereal Exchange 的 DEX 整合到其對沖引擎中。

This proposal has sparked excitement in the market, evident by the 10% rise in ENA over the last 24 hours.

這項提議引發了市場的興奮，ENA 在過去 24 小時內上漲 10% 就證明了這一點。

If approved, ENA holders would receive 15% of any potential Ethereal governance token.

如果獲得批准，ENA 持有者將獲得任何潛在 Ethereal 治理代幣的 15%。

In essence, this would allow the Ethereal DEX to manage on-chain spot and derivative positions backing USDe, Ethena’s native stablecoin, which is also expected to play a role in future developments.

從本質上講，這將使 Ethereal DEX 能夠管理支援 USDe 的鏈上現貨和衍生性商品頭寸，USDe 是 Ethena 的原生穩定幣，預計也將在未來的發展中發揮作用。

Interestingly, a significant cluster of holders in net loss positions accounts for 85% of the total ENA allocations.

有趣的是，大量持有淨虧損部位的持有者佔 ENA 分配總量的 85%。

Per AMBCrypto, this concentration suggests that the majority of investors are holding at a loss, potentially awaiting a reversal or key developments to regain value.

根據 AMBCrypto 的說法，這種集中表明大多數投資者都處於虧損狀態，可能正在等待逆轉或關鍵事態發展以恢復價值。

Thus, while Ethena’s upcoming roadmap could boost liquidity in the network, it might fall short of sparking a sustained bullish rally. Unless…

因此，雖然 Ethena 即將推出的路線圖可能會增加網路的流動性，但它可能無法引發持續的看漲反彈。除非…

Large holders support these propositionsSince Bitcoin’s bearish downturn in late August, Ethena has experienced a similar pullback, largely driven by large holders selling off.

大持有者支持這些主張 自 8 月下旬比特幣看跌以來，Ethena 也經歷了類似的回調，這主要是由大持有者拋售推動的。

Notably, whales – who make up 85% of this group and hold approximately 13.45 billion ENA – have been consistently selling portions of their holdings.

值得注意的是，鯨魚——佔該群體的 85%，持有約 134.5 億個 ENA——一直在出售其部分持股。

However, in the past week, net outflows from these holders have been increasing daily, reaching approximately 12 million just two days ago.

然而，在過去的一周裡，這些持有者的淨流出量每天都在增加，兩天前就達到了約1200萬。

This suggests that these whales directly influenced the recent 36% surge in ENA, beginning their accumulation as Ethena reached its market bottom.

這表明這些鯨魚直接影響了 ENA 最近 36% 的飆升，並在 Ethena 觸底時開始累積。

While this is a bullish sign, a retracement could occur if these whales start selling off again.

雖然這是一個看漲信號，但如果這些鯨魚再次開始拋售，則可能會出現回調。

The recent announcement of Ethena’s integration with Ethereal Exchange has also played a part in boosting liquidity.

最近宣布的 Ethena 與 Ethereal Exchange 的整合也為提高流動性發揮了作用。

With large holders making up 96% of the liquidity on Ethena, their activity will be key in determining the future direction of the token.

由於大持有者佔 Ethena 流動性的 96％，他們的活動將是決定代幣未來方向的關鍵。

As Ethena’s price movements are closely tied to the actions of large holders and the broader market, investors should proceed with caution and monitor these factors closely.

由於 Ethena 的價格走勢與大股東和更廣泛市場的行為密切相關，投資者應謹慎行事並密切關注這些因素。