Ethereal Exchange 提议整合 DEX，Ethena (ENA) 上涨 36%

Ethena [ENA] 六个月前推出，ICO 价格为 0.57 美元，第一周飙升至 1.46 美元。此后，它面临着看跌趋势。

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 月的价格分析揭示了受大户持有者和空头挤压影响的涨跌故事。

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.

六个月前以 0.57 美元的 ICO 价格推出后，ENA 在第一周就飙升至 1.46 美元。然而，此后它面临看跌趋势。

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 突破了之前的拒绝水平，达到 0.413 美元。这标志着短短一周内就实现了 36% 的强劲增长。

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

据 AMBCrypto 称，ENA 的下一个里程碑是重新测试 0.46 美元的阻力位，前提是维持上涨趋势。

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

与此同时，Ethena 正在提出新的开发方案，将 Ethereal Exchange 的 DEX 集成到其对冲引擎中。

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

这一提议引发了市场的兴奋，ENA 在过去 24 小时内上涨 10% 就证明了这一点。

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

如果获得批准，ENA 持有者将获得任何潜在 Ethereal 治理代币的 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.

从本质上讲，这将使 Ethereal DEX 能够管理支持 USDe 的链上现货和衍生品头寸，USDe 是 Ethena 的原生稳定币，预计也将在未来的发展中发挥作用。

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

有趣的是，大量持有净亏损头寸的持有者占 ENA 分配总量的 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.

根据 AMBCrypto 的说法，这种集中表明大多数投资者都处于亏损状态，可能正在等待逆转或关键事态发展以恢复价值。

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，虽然 Ethena 即将推出的路线图可能会增加网络的流动性，但它可能无法引发持续的看涨反弹。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.

大持有者支持这些主张 自 8 月下旬比特币看跌以来，Ethena 也经历了类似的回调，这主要是由大持有者抛售推动的。

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，鲸鱼——占该群体的 85%，持有约 134.5 亿个 ENA——一直在出售其部分持仓。

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

然而，在过去的一周里，这些持有者的净流出量每天都在增加，两天前就达到了约1200万。

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

这表明这些鲸鱼直接影响了 ENA 最近 36% 的飙升，并在 Ethena 触底时开始积累。

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

虽然这是一个看涨信号，但如果这些鲸鱼再次开始抛售，则可能会出现回调。

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

最近宣布的 Ethena 与 Ethereal Exchange 的整合也为提高流动性发挥了作用。

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

由于大持有者占 Ethena 流动性的 96％，他们的活动将是决定代币未来方向的关键。

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.

由于 Ethena 的价格走势与大股东和更广泛市场的行为密切相关，投资者应谨慎行事并密切关注这些因素。