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Ethena: Amber-linked wallet buys $3.58M, yet ENA demand stays weak
['Gladys Makena', 'Written By', 'Reviewed By', 'Muriuki Lazaro', 'Kelvin Murithi', 'Olayiwola Dolapo', 'Ishika Kumari', 'Ritika Gupta']
AMBCrypto
At press time, ENA traded near $0.093, up 1.33% daily.
Did an Amber Group-linked wallet buy ENA?
An Arkham-labelled wallet linked to Amber Group bought 38.89 million ENA, worth $3.58 million.
Even so, broader market demand remained weak.
Meanwhile, DeFiLlama’s USD Inflows remained negative for two days.