A specific whale withdraws 13.4 million ENA from Binance...valued at $7.26 million

Source
Suehyeon Lee

Summary

  • It was reported that a whale investor withdrew 13.4 million ENA from Binance.
  • The amount withdrawn this time is equivalent to about $7.26 million.
  • The intended use of the asset has not been confirmed, but withdrawals from exchanges are generally interpreted as for holding.
Photo=OnchainLens
Photo=OnchainLens

A whale investor has reportedly withdrawn a large amount of Ethena (ENA) from Binance.

According to OnchainLens on the 26th (local time), the whale withdrew 13.4 million ENA (worth approximately $7.26 million) and transferred it to another wallet.

The specific purpose of this asset has not yet been confirmed, but in most cases, withdrawals from exchanges are interpreted as being intended for holding.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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