Markets· ★★· bearish·

Whale deposits 30M ENA to Binance after a year of inactivity

  • —Whale deposited 30M ENA worth $6.98M to Binance via BitGo
  • —The address had been inactive for over a year
  • —Wallet still holds 157.55M ENA valued at $36.74M
Why it matters: A large holder moving tokens to an exchange often signals intent to sell, which could weigh on ENA's price.
Source: PANews