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According to Jinse Finance, according to the monitoring of on-chain analyst Yu Jin, a whale withdrew 23.239 million ENA (US$30 million) from Binance between April 10 and April 15, at an average price of US$1.29. Then he deposited it into Ethena for staking. 30 minutes ago, he redeemed all the ENA from Ethena, and then transferred 8.34 million ENA (US$6.19 million) to Binance, probably preparing to leave. At the current price of ENA of US$0.74, his ENA loss is as high as US$12.78 million (-43%).

According to Jinse Finance, according to the monitoring of on-chain analyst Yu Jin, a whale withdrew 23.239 million ENA (US$30 million) from Binance between April 10 and April 15, at an average price of US$1.29. Then he deposited it into Ethena for staking. 30 minutes ago, he redeemed all the ENA from Ethena, and then transferred 8.34 million ENA (US$6.19 million) to Binance, probably preparing to leave. At the current price of ENA of US$0.74, his ENA loss is as high as US$12.78 million (-43%).

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