Raghav, a savvy crypto investor, made a bold move. He quietly withdrew 5.188 million ENA tokens—valued at $2.09 million—from his Binance account, locking in an average price of $0.401 per token. Using his wallet address, 0x6c55e5494fef6f87dd274b999bf858ce454cff94, he staked the entire sum with Ethena, marking his first major accumulation of ENA.
As word spread, the market responded. ENA's price surged by 11.36% over the next 24 hours, a testament to the ripple effect of a whale's calculated decision.