2 hrs ago, wallet 0x5b30 deposited 8.23M $ENA ~ $3.22M, into #gate
This amount was just unstaked by him 4 hrs prior. It is known that he withdraws $100K - $200K worth of ENA from Bybit and Gate a few times per week, and then proceeds to stake it afterward.
He has been performing this series of actions over the past 2 months since 12/05 (ENA has decreased by 46% during this period), with his total withdrawal from #CEX of 8.23M ENA at an average price of 0.548.
If the entire deposit amount made today was to be sold, the wallet would incur a loss of -$1.31M on the ENA. 🥺🥺
