A whale redeemed 4.33 million ENA and transferred it to CEX 1 hour ago, with an estimated loss of $1.41 million
According to Jinse Finance, according to the monitoring of on-chain analyst Yu Jin, a whale withdrew a total of 9.33 million ENA (10.98 million US dollars) from Binance at a price of $1.176 from April 5 to 11 and deposited it in Ethena for pledge. One hour ago, the whale redeemed 4.33 million ENA (3.7 million US dollars) and transferred it to Binance. It may sell it at a price of $0.85 to realize a loss of $1.41 million. Currently, there are still 5 million ENA (4.28 million US dollars) in Ethena pledge.
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
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%