Ethena’s governance token ENA fell more than 16% in the 4h window that contained the Oct 29 Binance hack. USDe, Ethena’s dollar, slipped about 0.2%. 📉 ENA hit its lowest 4h close since Sep 18, while ETH fell about 4% over the same window. 🧭 USDe dipped to $0.9974 at 04:00 UTC on Oct 30, and sUSDe is on track for its sharpest weekly drop since the week of the Bybit hack in February 2025. 🔒 USDe supply on Ethereum moved about $1.5M on hack day, against a typical daily swing of around $21M. 📊 sUSDe supply on Ethereum fell about 1.1% on hack day, and transfer volume, while elevated, stayed far below its peaks since May. Through the largest exchange hack on record, the selling landed on Ethena’s governance token while USDe holders mostly stayed put. 🔗 Explore ENA, USDe and sUSDe in Sanbase: https://app.santiment.net/charts/ethena-24047?utm_source=x&utm_medium=post&utm_campaign=enausde_1026&aff=33