ENA Price Prediction: Coinbase’s Big Ethena Bet Challenges Arthur Hayes’ $54M Exit

Ethena is at an interesting point after two very different developments hit the market almost at the same time. On June 5, BitMEX co-founder Arthur Hayes sold his entire ENA position, moving 54.65 million ENA to Galaxy Digital through an OTC deal.  The transaction came alongside a 14% drop in the ENA price, leading many