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TechFlow reported, according to Spot On Chain monitoring, a whale address 0x8f has unlocked all 17.875 million ENA tokens (approximately $8.78 million) and transferred them to Binance about 40 minutes ago.
The address had previously accumulated these tokens primarily at higher prices, averaging $1.167 per token. If sold at the current price of $0.491, the address would face a paper loss of $12.09 million (around 58%) after holding for 10 months.
According to Spot On Chain, a whale address (0x8f9) has unstaked all 17.875 million ENA tokens (approximately $8.78 million) and transferred them to Binance about 40 minutes ago. This address previously accumulated these tokens at higher prices, averaging $1.167 per token. If sold at the current price of $0.491, the address would face a paper loss of $12.09 million (about 58%) after holding for 10 months.
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