Narrative
Hook: Liquidity is shifting to deeper venues, indicating a strategic repositioning. What happened: The total value locked in ENA decreased slightly by 0.2% while 24-hour trading volume surged by 72%. Why it matters: Increased volume alongside a small TVL drop suggests heightened trading activity and potential repositioning by market participants. Receipts: TVL dropped from $4.38M to $4.37M; 24-hour volume rose from $30K to $52K; liquidity migration quality improved to 5.97. How to verify: Check the TVL and volume metrics on-chain; monitor the active pool count and migration quality; observe future volume trends.