ENA whales redeemed 3.5 million ENA from Pendle and transferred them to Binance in the past 11 hours
According to Chain Analyst @ai_9684xtpa, ENA has risen 17.35% in the past seven days to a current price of $0.943 due to the positive news of Bybit's launch of USDe as collateral assets and spot trading pairs.
ENA whale 0x07A...057D8 redeemed 3.5 million ENA (worth $3.35 million) from Pendle in the past 11 hours and then deposited it into Binance, suspected to be sold.
Currently, he still holds 180,000 ENA PTs expiring on August 29th and 400,000 YT expiring on August 29th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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