🚨 Whale transfer warning: 98,843,960,041 to exchange 63,021,132,301 – Danger! 🚨

Just 6 hours ago, a whale wallet address transferred 13,937 ENA to Binance, with a total value of up to 4.7 million USD. 😱 This ENA was moved through multiple layers of different wallets, and its origin comes from the whale withdrawing tokens from the Ethena proxy wallet. This is a type of EIP-1167 Minimal Proxy wallet, a smart contract used to deploy lightweight, easily managed contracts.

🔑 Note: This could be a treasury wallet or contract vault of the Ethena project, where most of the circulating ENA tokens are held. Proxy wallets like this are often used for functions such as 50,714,892,285, vesting, or DAO governance.

💭 Could this be a sign that 89,547,119,981 is bearish on ENA and the market in the near future? 🤔

50,899,995,541

#WhaleMovement #ENA 63,021,132,301 #CryptoWarning #MarketAnalysis #ETH