Balina Invested in ENA Token

A remarkable financial movement was reported today by The Data Nerd. A whale with the address 0x2Ea deposited 3.8 million ENA, equivalent to approximately $2.12 million, to Binance seven hours ago. This transaction caused a great stir in the market because it involved a large amount of tokens and had significant consequences for the whale's financial situation.

Altcoin ENA Move from Whale

This huge investment of the whale will have serious consequences. If ENA tokens were sold at the current market price, there would be a loss of approximately $1.72 million. This shows that ENA's value has dropped significantly since the whale's purchase. Additionally, the decrease in investors' confidence in ENA is among the reasons for these losses. A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto!

The whale's recent activities also attract attention. Even though Balina sent ENA to Binance, he continues to invest heavily in this cryptocurrency. Last month, the whale accumulated a total of 11 million ENA at a cost of $11.2 million. This large-scale acquisition demonstrated the whale's belief in ENA's potential. However, the sharp price drops seem to have shaken the whale's faith.