🚨ETHENA IS A 5X FROM HERE!
@cryptomanran and
@CryptoHayes discuss Ethena:
$ENA is down ~99% from its all-time high.
VC overhang and zero interest in crypto killed the yield, so the whole mechanism stalled.
If Bitcoin starts crushing shorts, basis will rip. Higher basis means Ethena yields jump from ~4% toward 8-9%.
That’s when the flywheel turns again.
Watch the FULL video on Crypto Insider: