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Ethena (ENA) Records Large CEX Outflows Amid Strong Sentiment
11/26/2025, 07:36
AI SUMMARY
●• ENA saw $41.13M in CEX outflows in 24h, 16x the recent average
●• Large outflows often signal accumulation and reduced selling pressure
●• Traders are noting ENA's comparative strength in the current market
On-chain analytics provider Nansen has reported a significant outflow of Ethena (ENA) from centralized exchanges, totaling over $41 million in the past 24 hours. This figure is approximately 16 times the recent average, a metric often viewed as a bullish signal indicating accumulation or reduced selling pressure.
Concurrently, discussions within trader circles have highlighted ENA's relative price strength compared to other assets in the current market. The combination of substantial on-chain outflows and positive sentiment has positioned ENA as a focal point for traders.