An anonymous cryptocurrency “whale” is quietly accumulating ENA through calculated transactions. This wallet withdrew 13.11 million USDC from major centralized exchanges like Binance and Bybit, indicating an intention to avoid public order books. Shortly after, the whale transferred 6.6 million USDC to Hyperliquid, where most of the buying activity occurs.
To date, this address has spent approximately 5.1 million USDC to purchase 17.76 million ENA at an average price of 0.2874 USD per token. The trading model indicates a long-term strategy rather than short-term speculation, as whales continuously use large orders to attract liquidity in a controlled manner. Many market watchers are paying attention because such concentrated accumulation activities could affect the price volatility and overall sentiment of ENA in the near future.
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