Ethena (ENA)

In the span of a few hours, Arthur Hayes, the former CEO of BitMEX, sold more than 13 million dollars in crypto, while the market evolves in a consolidation phase. The operation intrigues as much as it worries, due to its scale, but especially because of its timing. This move, far from trivial, could signal a global change of course.

When Bitcoin rises, traders tremble: the golden beast ascends, but the shadow of the bears is never far away.