On January 8, according to Spot On Chain monitoring, Galaxy Digital deposited 4.46 million ENA (approximately 4.92 million USD) into Binance 9 hours ago during a price crash.

This brings their total sell-off to 10.85 million $ENA (worth 12.4 million USD) in the past 29 hours, at an average price of 1.144 USD, with an expected profit of 2.37 million USD (+23.5%).

Overall, three large institutions/whales, including Galaxy Digital, have deposited a total of 25.81 million $ENA (worth 30.43 million USD) into Binance and Bybit in the past two days.