【Blockchain Rhythm】An interesting event has occurred. On the morning of December 30th, on-chain monitoring showed a large ENA transfer—an address transferred 1.82 million ENA (approximately $400,000 USD) to a major exchange through an intermediary wallet.
What’s more noteworthy is that the source of these ENA tokens isn’t complicated. According to on-chain data, this batch of tokens was only transferred out from the team wallet a day earlier. In other words, from team release → intermediary transfer → into the exchange, the entire process was quite quick.
What does this kind of operation usually indicate? Major holders are moving their chips; whether it’s reducing positions or cashing out, there’s a clear trading intention. How ENA performs in the coming days will depend on subsequent market reactions.
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NotAFinancialAdvice
· 11h ago
Why is the team so eager to dump the market... what are they thinking...
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GateUser-ccc36bc5
· 11h ago
The team wallet was dumped into the exchange within a day, this pace is really a bit fast.
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BlockchainRetirementHome
· 11h ago
The team's move is pretty aggressive, jumping into the exchange in just one day. Are they hinting at something...
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MEVHunterZhang
· 11h ago
The team is selling off so quickly? $400,000 is not a small amount.
ENA whale moves again: 1.82 million tokens flow into the exchange
【Blockchain Rhythm】An interesting event has occurred. On the morning of December 30th, on-chain monitoring showed a large ENA transfer—an address transferred 1.82 million ENA (approximately $400,000 USD) to a major exchange through an intermediary wallet.
What’s more noteworthy is that the source of these ENA tokens isn’t complicated. According to on-chain data, this batch of tokens was only transferred out from the team wallet a day earlier. In other words, from team release → intermediary transfer → into the exchange, the entire process was quite quick.
What does this kind of operation usually indicate? Major holders are moving their chips; whether it’s reducing positions or cashing out, there’s a clear trading intention. How ENA performs in the coming days will depend on subsequent market reactions.