Long

bullish

Ethena

Hyperliquid

<p>Ethena is suddenly back on traders radar and for a good reason. A big whale just opened a massive $20 million long position on ENA and is already sitting on more than $1.5 million in unrealized profit. That kind of move usually gets traders talking, especially after weeks of sideways price action.</p>
<h2 class="wp-block-heading" id="strong-the-whale-who-flipped-long-strong"><strong>The Whale Who Flipped Long</strong></h2>
<p><a href="https://x.com/Web3Marmot/status/1979522547164274721" target="_blank" rel="noopener noreferrer nofollow">According to Marmot</a>, this isn’t just any trader. It’s the same whale who reportedly made $3 million shorting ETH the day before. Now he’s flipped bullish on Ethena, going all in with around 44.7 million ENA at an entry price of about $0.425.</p>
<p>Right now, <a href="https://captainaltcoin.com/heres-where-ethena-ena-price-could-go-in-q4/" target="_blank" rel="noopener noreferrer nofollow">ENA price sits around $0.46, meaning the position is already up roughly 86%</a> ROE. The liquidation line sits near $0.357, so there’s still plenty of room before things get risky.</p>
<p>Open interest has jumped to $166 million, while 24-hour volume has crossed $115 million, showing clear signs of rising interest and fresh liquidity. Funding rates are slightly positive, which means most traders are leaning long, but it’s still early to call it a full reversal.</p>
<h2 class="wp-block-heading" id="strong-ena-one-hour-chart-strength-building-again-strong"><strong>ENA One-Hour Chart: Strength Building Again</strong></h2>
<p>If you look at the 1-hour Hyperliquid chart, ENA has been grinding higher since touching the $0.38 zone. It’s now comfortably holding above $0.42, which used to be resistance and has flipped into short-term support.</p>
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="820" src="https://captainaltcoin.com/wp-content/uploads/2025/10/ena-2-1024x820.jpeg" alt="">
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<p><em>@Web3Marmot</em></p>
<p>There’s a clear battle happening around $0.47-$0.48, where sellers stepped in before. A clean breakout above that could open the door to $0.50–$0.52 pretty quickly.</p>
<p>As long as <a href="https://captainaltcoin.com/expert-predicts-ethena-ena-price-will-pump-hard-after-this-happens/" target="_blank" rel="noopener noreferrer nofollow">ENA price stays above $0.42, the bulls are in control.</a> But if it breaks back below $0.40, the momentum could fade fast, and the whale’s liquidation zone around $0.35 becomes the next key level to watch.</p>
<h2 class="wp-block-heading" id="strong-ethena-daily-chart-signs-of-a-bigger-move-coming-strong"><strong>Ethena Daily Chart: Signs of a Bigger Move Coming</strong></h2>
<p>Crypto expert <a href="https://x.com/LLuciano_BTC/status/1979486362379407775" target="_blank" rel="noopener noreferrer nofollow">LLucianoBTC shared</a> a daily ENA chart showing something pretty interesting, a falling-wedge breakout that could mark the end of ENA’s bearish trend. After months of drifting lower, ENA price found solid demand between $0.25-$0.35 and bounced hard.</p>
<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2025/10/luck-ena-1024x576.jpeg" alt="">
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<p><em>@LLuciano_BTC&nbsp;</em></p>
<p>Lucky thinks the next big move is just starting, with a potential run toward $0.70-$0.80 if bulls keep pushing. The key confirmation level sits at $0.50, a daily close above that, and things could heat up fast.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/how-high-can-ethena-ena-price-go-this-cycle/" target="_blank" rel="noopener noreferrer nofollow">How High Can Ethena (ENA) Price Go This Cycle?</a></em></strong></p>
<h2 class="wp-block-heading" id="strong-what-s-next-for-ena-strong"><strong>What’s Next for ENA</strong></h2>
<p>Whale activity doesn’t always guarantee a rally, but it often acts as a spark, and that seems to be happening here.&nbsp;</p>
<p>As long as <a href="https://coinmarketcap.com/currencies/ethena/" target="_blank" rel="noopener noreferrer nofollow">ENA price holds above $0.45</a>, momentum stays on the bull side. A breakout above $0.50 could kick off the next major leg higher.</p>
<p>For now, all eyes are on whether this whale’s bet was early, or simply the start of something bigger.</p>
<p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" target="_blank" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/ethena-ena-price-outlook-after-massive-whale-purchase/" rel="noopener noreferrer nofollow">Ethena (ENA) Price Outlook After Massive Whale Purchase</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ethena (ENA) Price Outlook After Massive Whale Purchase

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