In line with cryptocurrency onchain knowledge, a crypto whale has made a splash locally along with his newest transactions.
Information reveals {that a} huge crypto whale has misplaced over $12 million on the Ethena (ENA) altcoin. In line with data offered by onchain crypto knowledge supplier LookOnChain, the whale in query not too long ago unstaking 17.87 million ENA price $8.78 million and transferred it to crypto change Binance.
This whale bought his tokens on Binance for a median worth of $1.17. Thus, in accordance with the info, the cryptocurrency whale offered ENA tokens with a lack of greater than $12 million within the whale pockets, excluding the probably insignificant staking worth.
On the time of writing, ENA is buying and selling at $0.44. ENA reached an all-time excessive of $1.52 roughly 10 months in the past.
Cryptocurrency analyst il Capo mentioned in his newest ENA replace that the subsequent help stage for the token’s worth might be $0.40.
*This isn’t funding recommendation.
