Ethena’s ENA token rose 11.31% over the past 24 hours to $0.176, its highest level since January, while gaining more than 112% over the past week, based on Bybit market data cited by PANews on Aug. 23. The move followed a breakout above $0.14 resistance, with a separate account placing the breakout high at $0.1707. Strong buying momentum helped absorb supply pressure from a whale deposit of 9.776 million ENA, valued at $1.5 million, into Binance.