#ena A whale redeemed 4.33 million ENA 1 hour ago and transferred it to Binance. If sold, it would lose $1.41 million

PANews reported on April 25 that on-chain analyst Yu Jin tweeted that a whale address may have lost about $1.41 million in $ENA tokens. The whale withdrew 9.33 million ENA from the Binance exchange at a price of $1.176 per coin between April 5 and 11, with a total value of $109,800, and deposited it in Ethena for staking. 1 hour ago, the whale redeemed 4.33 million ENA, worth about $3.7 million, and may have sold it on Binance at a price of $0.85 per coin, thus realizing a loss of about $1.41 million.

Currently, the whale still has 5 million ENA, worth about $4.28 million, which continue to remain in the Ethena stake.

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