New address buys 40M ENA for $3.69M and stakes on Ethena

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On-chain data shows a new address purchased 40 million ENA tokens for $3.69 million, averaging $0.09269 per token. The address staked all tokens on Ethena. On-chain analysis indicates ENA has risen 18.13% over the past month.

Odaily Planet Daily reports, according to AI Aunt monitoring, a new address acquired 40 million ENA tokens three hours ago, valued at approximately $3.69 million, with an average purchase price of about $0.09269. Subsequently, the address staked all of its ENA tokens into the Ethena protocol. Market data shows that ENA has risen 18.13% over the past month.

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