ChainCatcher latest news shows that in the past 14 hours, two major whales or institutions transferred 16.38 million ENA to centralized exchanges (CEX), worth approximately 19.4 million USD. First, a multi-signature address starting with 0xc69 deposited 10 million ENA, worth 11.9 million USD, into Bybit 13 hours ago, and currently holds about 124.7 million ENA, most of which is used for staking. It is noteworthy that this address frequently sold ENA before the price drop and shared the Bybit deposit address with BitMEX founder Arthur Hayes.

On the other hand, Galaxy Digital deposited 6.38 million ENA to Binance at a price of 1.173 USD per ENA, worth 7.49 million USD. They had previously withdrawn 10.9 million ENA from Binance at a price of 0.925 USD on December 5, 2024, and currently still hold 4.45 million ENA, with an expected total profit of 2.64 million USD, an increase of 26%. These trading activities indicate market participants' strategic adjustments amid price fluctuations and are worth continuous attention.