What’s Driving Ethena Price Higher? Whale Activity Offers a Clue

Ethena's native token ENA climbed over 12% in the past seven days, becoming one of the week's strongest-performing major altcoins. Whale activity and improving market sentiment supported the recovery. Traders are now focused on whether Ethena price can continue to recover or retrace. Risk appetite has returned to crypto markets, boosting ENA's performance.