Markets· ★★· bearish·

Three wallets redeem 18.09M ENA from Ethena and deposit to Binance

  • —Transfer totaled 18.085 million ENA, roughly $3.64 million
  • —Average deposit price was $0.2013 per token
  • —The addresses are linked to one entity or large holder
Why it matters: A large exchange deposit often precedes selling and could add downward pressure on ENA.
Source: PANews