According to ChainCatcher, Spot on Chain monitoring shows that 4 whale addresses deposited a total of 15.86 million ENA (about 4 million US dollars) into Binance at a huge loss price in the past 24 hours. If sold, the loss will exceed 5 million US dollars.

It is worth noting that these whales all withdrew ENA from Binance between April and August 2024, and then put the tokens into Pendel for staking to earn hundreds of thousands of additional ENA.