$ENA - #Ethena! is currently around the 0.84 range, which is an important zone according to Technical Analysis.
So, what are Smart Traders doing in Onchain?
Data extracted from Terminal iCrypto shows active DCA activities by Smart Traders on both CEX and DEX platforms, specifically:
1. CEX - Figure 1:
- When the price of Ethena dropped to the 0.88-0.94 range, the Smart Money wallet group started to become active again, with a buying volume of 4.75M ENA (~$4.28M) observed on April 25th.
--> This indicates a positive signal from Smart Money towards ENA in the current situation.
2. DEX - Figure 2:
- Over the past 7 days, strong accumulation has been observed in the price range of 0.86-0.94-0.97.
- In total, more than 860.5K ENA (~$748.6K) has been accumulated, with buying pressure currently exceeding selling pressure.
3. Prominent Wallet Portfolio of SDT: 0xff8b
- There are over 46 SDT wallets holding ENA, with one notable wallet having made a profit of $546.7K trading with $ONDO and a profit of $749.7K with $PEPE . This wallet has also engaged in DCA with ENA and $ETHFI in the last 10 transactions.
--> You can view the portfolio of this wallet: 0xff8ba4d1fc3762f6154cc942ccf30049a2a0cec6.
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How about you? Have you bought any #ethenacoin recently?