The whale transferred 7,665 $ETH and 2.17 million ENA to Binance, with a loss of ETH of $8.84 million
A significant crypto whale has recently made notable moves involving Ethereum ($ETH ) and Ethena (ENA) tokens, resulting in substantial financial losses.Cryptodnes.bg
According to blockchain analytics platform OnchainLens, the whale unstaked 7,665 ETH, valued at approximately $18.3 million, from StakeStone and transferred the entire amount to Binance. This action culminated in an estimated loss of $8.84 million, considering the whale had previously withdrawn 15,332.7 ETH (worth about $51.7 million) from Binance four months prior.
In addition to the ETH transactions, the whale also unstaked 2.17 million ENA tokens, equivalent to around $821,000, and moved them to Binance. Given the current ENA price of approximately $0.377577, this transfer suggests a potential realization of losses, especially if the tokens were acquired at higher prices.
Such large-scale movements by whales often signal shifts in market sentiment and can influence broader cryptocurrency market dynamics. Investors and analysts will be closely monitoring these developments to assess potential impacts on ETH and ENA market trends.
