💦💦Whales Panic, Altcoin Loses Support: 3 Million Selling Pressure Alarm! 💦💦

The recent altcoin declines in the cryptocurrency market have led whales to panic selling.

The recent decline has led whales to panic selling. In the last hour, a total of 3.36 million ENA (approximately $3.17 million) was transferred from two large whale wallets to the Binance exchange.$ENA

According to Lookonchain data, after these transfers, whales unwound their staked ENA assets and sent them directly to the exchange, which increased selling pressure.

With the increase in the number of such transactions and the escalation of market tension, ENA lost its critical support level of $1.

Large transfers can often accelerate a downtrend and create concern among investors. While the price of ENA fluctuated due to these movements, whether whale transactions will continue has been a subject that investors are watching closely.

Investors are advised to be careful about such large transfers and to follow market data closely.

ENA has lost 4% in value in the last 24 hours and is trading at $0.949 at the time of writing.

My dear friends, please do not withhold your free support. I try to bring you such news instantly. My only request from you is that if there is anyone who still does not follow me, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.