🚨 Crypto Alert! Ethena (ENA) tumbles below $1 for the first time since Dec. 20, as whales offload tokens worth $30M! 🐋 On-chain data reveals a major sell-off, with one whale moving 11.6M ENA to Binance. Risk-off sentiment in the crypto world is impacting prices, including Bitcoin. Meanwhile, Ethena's USDe stablecoin shows stagnant demand with a $6B market cap. Technicals hint at further decline, with a head and shoulders pattern pointing to $0.8552 as the next target. What are your thoughts on Ethena's future? Share in the comments!