Derived from Chainthink, a whale address 0x72F8 has deposited all 16.86 million ENA tokens into Coinbase Prime, incurring a loss of over $15 million. The tokens were purchased at $1.10 per token, totaling $18.53 million, while the current market value is only $3.51 million, representing an 81% loss.
Whale Sells Entire ENA Holdings at Over $15M Loss, Buys Were Made at $1.10
ChainthinkShare
Summary
Whale movement has stirred the crypto market as a major ENA holder offloaded all 16.86 million tokens into Coinbase Prime. The whale originally bought the tokens at $1.10, paying $18.53 million. Current value is just $3.51 million, a loss of over $15 million. Whale movement in the crypto market often signals shifting sentiment. This trade reflects an 81% drop in asset value.
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