Market Movement: Nearly 100 Million $ENA Storms Binance, Funding Fingerprint Points Directly to Ethena Core!
In the past twenty hours, the crypto market has surged with hidden currents. Six groups of anonymous wallets launched a "flash deposit" attack on Binance with nearly military-level synchronization—totaling 95.36 million $ENA flowing in instantly, equivalent to a massive impact of approximately 28.4 million USD suddenly pressing into the trading pool at current market prices.
What draws even more market attention is that, through on-chain tracing, the source of this massive token influx is surprisingly uniform—all directly traced back to the official designated proxy wallet of Ethena Labs. This clear "funding fingerprint" instantly ignited market nerves.
This act is certainly not typical of retail investors; its scale, synchronization, and source point to unusual intent:
Is it a strategic reallocation by the project party/related parties? Is it paving the way for liquidity management, ecological construction, or cooperation endorsement?
Is it a concentrated action by early capital/market makers? Is it signaling profit-taking or laying the groundwork for subsequent derivatives arrangements?
Or is it a deeper protocol collaboration/stress test? Does the action itself convey a certain market code?
When whales swing their tails, waves are bound to rise. The sudden influx of nearly 100 million tokens into the centralized exchange undoubtedly casts a thin veil of potential short-term selling pressure over the price trend of $ENA. Moreover, the close link between the funding source and Ethena's official ties adds a layer of strategic mystery to this action.
The market holds its breath: is this synchronized "sword reveal" the beginning of a prologue or a hint of an epilogue? The ripple effect is worth every keen participant's deep tracking.
Want to make money? Don't be a lone warrior! Follow me, comment to share your thoughts, and let's seize the lucrative opportunities of the bull market together.