ena now going down or up | AKSHAY_MONDAL di Binance Square

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ena now going down or up

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𝗕𝗨𝗟𝗟 𝗠𝗔𝗥𝗞𝗘𝗧 𝗜𝗦 𝗖𝗢𝗠𝗜𝗡𝗚 Whales are accumulating more crypto this week. During the 23-24th of May, they purchased over 20,000 BTC worth $1.34B. The previous 7 days brought the inflow of $185M into the Bitcoin ALONE! Looking at May overall, whales had increased their BTC holdings by 5.5% compared to 4.2% in April. The May deep made them buy 47,000 BTC. Why should we care? ▪️Big players may know something Currently, we notice positive changes in the market in terms of liquidity because of whales. They are preparing for the future bull run, so that can be a sign for us to invest more. My advice: when you do analysis - always study the behavior of crypto whales. ▪️Their purchases directly influence the market. The 9.8% increase in BTC holdings of whales brought the ATH on the token. During April we saw a reduction in it. As a result - the drop of tokens to $56k. Study the movement of liquidity. This has the power over the price

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#ENA going pump

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Ethenea Coin (ENA) is a cryptocurrency that aims to offer a decentralized and secure way to transfer value globally. It's built on blockchain technology, which ensures transparency and immutability of transactions. The future of ENA, like any cryptocurrency, depends on various factors such as adoption, regulatory environment, and technological advancements. For the future of ENA, it's important to consider its use cases, market demand, and competition. If ENA can establish itself as a reliable and widely accepted cryptocurrency, its value and utility could increase. However, the cryptocurrency market is highly volatile and subject to regulatory changes, so investing in ENA or any cryptocurrency carries risks. As with any investment, it's important to do thorough research and consider your risk tolerance before investing in ENA or any other cryptocurrency.

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