Whales Begin Offloading $ENA Amid Market Uncertainty

Whales Begin Offloading $ENA Amid Market Uncertainty

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Source: TheMerkle.com

In a sign of growing risk aversion, $ENA stakers have started to liquidate their holdings.

A prominent whale, known by the address 0x8fA…CA160, recently withdrew all 5.64 million $ENA tokens staked in Ethena and Pendle, worth approximately $1.44 million, and transferred them to Binance yesterday.

This whale had accumulated these tokens at an average price of $0.6171 between May and July of this year. Should they decide to sell now,

Read More https://themerkle.com/whales-begin-offloading-ena-amid-market-uncertainty/

The post "Whales Begin Offloading $ENA Amid Market Uncertainty" appeared first here TheMerkle.com.

Source: TheMerkle.com

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