Binance Hacker's $33.93M ENA Sale Extends Descending Channel

The Binance hacker sold $33.93M worth of ENA, Ethena's governance token, on Thursday, extending its descending channel on the four-hour chart. The sale adds pressure to a token already pinned in a downtrend. The move highlights the hacker's ongoing liquidation of stolen assets, impacting ENA's market structure and trader sentiment.