TechFlow reports, according to on-chain analyst Aunt Ai, two hours ago a whale address 0xC6D疑似 liquidated its staked position of 5.72 million ENA, incurring a cumulative loss of $1.6 million.
It is understood that this whale transferred 5.72 million ENA from Binance on April 8 at an average price of $1.282 for staking. Subsequently, it deposited the tokens back to exchanges on April 20 and again two hours ago at an average price of $1.00, resulting in nearly 22% loss (excluding potential Phase 2 airdrop rewards, though the position was most likely unprofitable).
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