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ENA Whale Deposits $6.98 Million in Ethena Tokens to Binance

An inactive Ethena whale deposited $6.98 million worth of ENA tokens to Binance after a year-long hiatus.

ENA Whale Deposits $6.98 Million in Ethena Tokens to Binance
Image: BullishMarketCap

According to Hokanews, an Ethena whale transferred $6.98 million worth of ENA tokens to Binance following a year of inactivity. The large deposit highlights renewed movement from dormant accounts holding the asset.

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The transaction involved a substantial sum of Ethena tokens sent directly to Binance. Such transfers from long-dormant whale addresses often draw attention from market participants tracking potential liquidity shifts.

Key facts

  • An ENA whale deposited $6.98 million in Ethena tokens to Binance.
  • The account had been inactive for a year prior to the transaction, according to Hokanews.
$ENA#Ethena#ENA#WhaleAlert

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.