Data: A certain whale redeemed 23.239 million ENA, of which 8.34 million were transferred into CEX
According to Ember monitoring, the ENA whale withdrew a total of 23.239 million ENA (about 30 million USD) from CEX between April 10th and 15th, at an average price of $1.29 per ENA. Then they were deposited into Ethena for staking.
30 minutes ago, he redeemed all these ENAs from Ethena and then transferred 8.34 million ENAs ($6.19 million) into CEX, possibly preparing to exit.
At the current price of $0.74 per ENA, his loss on these ENAs is as high as $12.78 million (-43%).
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.
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