Giant Whale Significantly Reduces ENa Holdings, Incurring a Loss of Nearly $1 Million
Publication Time:2024-08-29 11:41:08
Recently, there has been an important development in the market. A major cryptocurrency investor has taken action to withdraw all 5.64 million ENa tokens from the Ethena and Pendle platforms. This marks a reassessment of the value of ENa by this investor and reflects concerns about the current market environment. During the period from May to July last year, the investor had accumulated some ENa at an average price of $0.6171. The current market situation suggests that if sold now, it could result in a loss of approximately $1.88 million. This move not only affects the price volatility of ENa but also raises market concerns over the risks associated with cryptocurrency investments.
loss
Cryptocurrency
ENA
Whale Dumping