Whales Begin Offloading $ENA Amid Market Uncertainty

In a sign of growing risk aversion, $ENA stakers have started to liquidate their holdings.

A prominent whale, known by the address 0x8fA…CA160, recently withdrew all 5.64 million $ENA tokens staked in Ethena and Pendle, worth approximately $1.44 million, and transferred them to Binance yesterday.

This whale had accumulated these tokens at an average price of $0.6171 between May and July of this year. Should they decide to sell now, it would result in an estimated loss of around $1.88 million.

如昨天的推文所说，ENA 质押用户开始卖出避险了