According to Odaily, a significant movement of ENA tokens has been observed in the past week. Spot On Chain, a blockchain monitoring service, reported that over 43.19 million ENA tokens were transferred from exchanges to multi-signature addresses. The total value of these tokens is estimated to be around $35.68 million, with a floating profit of $2.05 million.
The transfer of such a large amount of ENA tokens indicates a significant shift in the distribution of these digital assets. Multi-signature addresses are often used for enhanced security, suggesting that the owners of these tokens are taking precautions to protect their investments. The floating profit of $2.05 million also suggests that the value of ENA tokens has increased since they were initially purchased.
This movement of ENA tokens is a notable event in the digital currency market. It reflects the ongoing changes in the distribution and value of digital assets. As the market continues to evolve, such large-scale transfers are likely to become more common.