TechFlow News, January 7 — According to monitoring by Spot On Chain, two whales/institutions transferred 16.38 million ENA (worth $19.4 million) to CEXs within the past 14 hours.
- The multi-sig address starting with 0xc69 deposited 10 million ENA (worth $11.9 million) to Bybit 13 hours ago and still holds 124.7 million ENA (approximately $144 million), mostly staked. This multi-sig has frequently sold ENA before price declines and appears to share the same Bybit deposit address as BitMEX co-founder Arthur Hayes.
- Six hours ago, Galaxy Digital deposited 6.38 million ENA (worth $7.49 million) to Binance at a price of $1.173 per token. They had withdrawn 10.9 million ENA from Binance on December 5, 2024, at $0.925 per token. They currently hold 4.45 million ENA (worth $5.17 million), realizing an estimated total profit of $2.64 million (+26%).
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