Ethena struggles as revenue falls 32% – Can demand save ENA at $0.089?

What: Ethena's revenue fell **32%** in the latest quarter, with the company struggling to meet investor expectations.
Why: Weak fundamentals and potential outflows of **$16M** from investors may be contributing to Ethena's decline.
Signal: The sharp decline in revenue could be a warning sign for Ethena's long-term prospects.
Target: The company's stock price, currently at **$0.089**, may be a target for further decline if demand does not improve.
Risk: Investors may be taking on significant risk by holding onto Ethena stock, given the company's weak financials and potential outflows.