Whale Suffered a Loss of Over $12 Million in $ENA ! 🚨
A major whale recently faced a significant loss, accumulating a total of 17.87 million $ENA tokens at an average price of $1.17. Today, this whale transferred the entire amount to Binance, signaling a heavy loss on the trade.
Even the big players in the market are feeling the heat. Whales who were once riding high on their investments are now facing steep declines, especially with utility tokens like $ENA. It's a reminder that the crypto space is unpredictable, and even those with deep pockets are not immune to market fluctuations.
The tough market conditions continue to affect all types of traders, not just retail investors. This serves as a clear indication of how volatile the crypto market can be, and the importance of strategic risk management, even for the most experienced players in the game.
