Ethena Price Drops as Binance Hacker Sells $33.93M in ENA
A large sell-off by a Binance hacker has triggered a significant price decline in Ethena's ENA token.
A large sell-off by a Binance hacker has triggered a significant price decline in Ethena's ENA token. Ethena (ENA) is trading at ₹18.15 ($0.1905), up 1.9% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 30 Oct 2026 15:00:01 UTC.
The sell-off highlights the vulnerability of crypto assets to large-scale liquidation events, which can cause sudden price volatility and impact investor confidence.
- Binance hacker sold $33.93M in ENA tokens, causing a 9.64% price drop.
- Ethena's Total Value Locked remains at $5.02B despite the sell-off.
- Market-wide downturn exacerbates the impact on ENA's price.
- Ethena Confirms USDe Collateral Safety Amid Binance Security Incident
- Uniswap Price Drops Despite Bullish Forecast Amid Binance Hacker Sell-Off
- Ethena Price Drops as Binance Hacker Sells $33.93M in ENA — this brief
The price of 
Ethena's ENA token has fallen by 9.64% in the past 24 hours after a Binance hacker sold $33.93 million worth of ENA. This large-scale liquidation has put downward pressure on the token's price.
Despite the significant sell-off, Ethena's Total Value Locked (TVL) has remained relatively stable, currently at $5.02 billion, representing only a 1.5% decrease over the past seven days according to DeFiLlama.
The timing of the hacker's sell-off coincides with a broader market downturn, with the total crypto market cap down to $2.65 trillion and 
Bitcoin experiencing a 4.27% drop in the last 24 hours.
Santiment data indicates that the USDe stablecoin supply, which is closely tied to Ethena's ecosystem, has shown limited movement during this period, suggesting the sell-off has not yet caused broader instability within Ethena's DeFi platform.
The Fear & Greed index currently stands at 30, indicating a 'Fear' sentiment in the market, which may further contribute to the negative price pressure on ENA.
Since this brief published about 2 hours ago, Ethena (ENA) has moved from ₹17.81$0.1869 to ₹18.15$0.1905 — +1.92%.
The chart plots ENA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ENA ≈ ₹19.98 (about $0.1905), down 8.7% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ethena Price Drops as Binance Hacker Sells $33.93M in ENA — questions & answers
How much ENA did the Binance hacker sell?
The hacker sold $33.93 million worth of ENA tokens.
What is Ethena's current TVL?
Ethena's Total Value Locked is $5.02 billion, down 1.5% over the past week.
Why is the ENA price dropping?
The price is dropping due to a large sell-off by a Binance hacker and the broader market downturn.
How much is 1 Ethena worth in rupee today?
About ₹19.98 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.1905. The rupee price moves with both ENA's US-dollar price and the USDT/INR rate; use our Ethena in rupee page for any amount.
Has Ethena's price moved since this brief was published?
ENA is up 1.92% since this brief first published — trading at ₹18.15 ($0.1905) now versus ₹17.81 ($0.1869) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.