Whale Alert! ENS Market is Making Big Moves Again!
Monitoring shows that 4 hours ago, a long-term holding ENS whale returned to Binance:
Deposited 50,000 ENS, with a market value of about 1.66 million dollars, recent profits reached as high as 968,000 dollars. This whale accumulated 322,739 ENS back in 2022 at an average price of 13.86 dollars, and has been gradually selling 272,739 ENS since January 2024 at an average price of 20.75 dollars, with the remaining 50,000 ENS estimated total profit reaching 2.9 million dollars (+65%).
The return of the whale should not be underestimated, especially at a critical moment. After 5 months of silence, suddenly taking action may indicate that the ENS market is about to experience volatility.
The whale's strategy of taking profits in batches is worth noting, and the remaining chips may serve as a stabilizing factor for observing future market trends. The whale may foresee the next direction of ENS, which also provides us with market signals, either continuing to rise or brewing the next wave of adjustment.
In the short term, pay attention to key points for ENS, such as a price breakthrough above the high point of 20.75 dollars, which may open up greater upward potential; however, if there is significant selling, be cautious of a pullback risk. For long-term players, the whale's gradual profit-taking exit is also a strategic reference signal.
Keep an eye on these undercurrents, follow Tang Ge, and let him teach you how to snatch food from the whale's mouth; if you don't grab it and lose, it's on me!
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