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Joined November 2020
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Ethena’s ENA drops to $0.17 as altcoins slide and hack-linked selling lingers $ENA trades around $0.17, down more than 6% in the past 24 hours, amid a wider altcoin dip that also hit $NEAR, $ZEC and $WLD by 5% or more, while Bitcoin slipped about 1.2%. Over the past 7 days, ENA has lost about 18%, against ~4% for Bitcoin and ~3% for ETH. The drop followed Thursday’s Binance hack, after which the attacker sold about 217.5M stolen ENA for ETH, per Lookonchain. @ethena also has scheduled token unlocks this week, which are adding fresh supply to the market.
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