According to ChainCatcher, monitored by Spot On Chain, in the past 14 hours, two large whales/institutions transferred 16.38 million ENA (19.4 million USD) to CEX.
A multi-signature address starting with 0xc69 deposited 10 million ENA (11.9 million USD) to Bybit 13 hours ago and still holds 124.7 million ENA (approximately 144 million USD), most of which is staked. This multi-signature address frequently sold ENA before the price drop and appears to share the same Bybit deposit address with Arthur Hayes (founder of BitMEX).
6 hours ago, Galaxy Digital deposited 6.38 million ENA (7.49 million USD) to Binance at a price of 1.173 USD. They withdrew 10.9 million ENA from Binance at a price of 0.925 USD on December 5, 2024, and currently still hold 4.45 million ENA (5.17 million USD), with an expected total profit of 2.64 million USD (+26%).
