ENA records 12% increase through whale accumulation-FDV increases to $ 9.5 billion, while technical indicators point out possible volatility

ENA records 12% increase through whale accumulation-FDV increases to $ 9.5 billion, while technical indicators point out possible volatility

ena lists 12% increase: whale accumulation and possible volatility in the focus

The cryptocurrency market is naturally dynamic, and the cryptocurrency ENA is currently showing a remarkable performance. In the past few days, ENA has had an increase of 12%, which is due to increasing accumulation by large investors, also referred to as "whales". This development has led to the Fully Diluted Valuation (FDV) rose from ENA to $ 9.5 billion.

technical analyzes indicate that volatility could increase in the near future. This behavior on the market is not unusual, especially when large players begin to invest significant sums in a cryptocurrency. The accumulation of token by Whales can have both positive and negative effects on the price. While accumulation is often interpreted as a sign of trust in long -term stability and growth of cryptocurrency, it can also bring sudden market movements that may be risky for small investors.

The current situation around Ena challenges analysts and investors alike to closely observe market developments.

Overall, it remains to be seen how the situation around ENA will develop and what effects the current whale accumulation could have on the market.