A certain address withdrew 3.72 million locked ENA 9 hours ago and deposited it into Binance
According to Chainalysis analyst @ai_9684xtpa, the market has rebounded. Address 0xC6D...926d9 withdrew 3.72 million ENA (worth $4 million) that had been locked in Ethena two weeks ago, nine hours ago, and then recharged into Binance, suspected of selling.
When the ENA was transferred, the price was $1.28, and if all of these tokens were sold, there would be a loss of $708,000. The address still holds 2 million ENA, indicating an attempt to reduce the pressure by reducing holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CIO of a Giant Investment Company Reveals His Prediction for the Level of Bitcoin Price in the Near Future
Bitwise senior manager Matt Hougan shared his thoughts on the future of Bitcoin price in his statement.
US spot Bitcoin ETFs log highest inflow day since June, two-month high in total value
Following a seven trading day streak of inflows and bolstered by the rising price of Bitcoin, the total assets held by US-based spot Bitcoin ETFs has reached a two-month high.Friday also marked the largest inflows to the funds since early June, a nearly four-month high.
FBI seizes $6M from crypto scammers targeting US citizens