Anonymous Whale took $24 million worth of ENA token from Binance: here's why
Keith "0xbba" withdraws $24.44 million worth of ENA from Binance through multiple transactions.
At the same time, Keith is participating in staking with Ethena Labs.
ENA's price remains strong amid the market decline, with over $165 million worth of tokens recently at stake.
ENA, the recently released governance token of the decentralized protocol Ethena Labs, continues to attract the attention of crypto market participants, including the most influential investors in the crypto scene.
Recently, crypto surveillance platform Spot On Chain spotted a whale with the wallet initials â0xbbaâ withdrawing 11.17 million ENA tokens from Binance. According to the disclosure, the transaction occurred in several stages over the last 48 hours. At the time of the Spot On Chain update, the whale had withdrawn 11.17 million ENA tokens worth $15.95 million.
