The largest ENA staker deposited the remaining ENA to Binance

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Jun 12, 09:50

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The largest ENA staker deposited the remaining ENA to Binance

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Related addresses

0x886b70db1a5ec9da60231d3a059b640db7f116ed

Total tokens transferred

3.879M

ENA

Related transactions

0x886b70db1a5ec9da60231d3a059b640db7f116ed

Binance deposit

Jun 12, 09:39

0x886b70db1a5ec9da60231d3a059b640db7f116ed

Binance deposit

Jun 12, 09:44

Whale 0x886 just deposited the remaining 3.879M ENA ($2.83M) to Binance at $0.728:

transaction 1: 0xf566b059cc0277d67bed467ad0816da34f13c4d74323e209b7bb78cffc119170
transaction 2: 0xe5d519bf315c6883c6e62781310f4332e31bab03787680347adfdb4227088604
address: 0x886b70db1a5ec9da60231d3a059b640db7f116ed

Notably, this marks the end of the whale's ENA first trade with an estimated total loss of $13.01M (-43.5%):

withdrew 23.239M ENA from Binance at $1.287 on average (estimated cost: $$29.9M) between April 10 and 15, 2024;
staked all the tokens and became the largest ENA staker in the "Ethena: LP Staking" contract;
unstaked and then deposited all 23.239M ENA to Binance at only $0.728 on average in the past 20 hours.

Fig 1. Whale 0x886's overall ENA trading history.

#ena

#ethena

#deposit

#binance

#loss

#large staker

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The largest ENA staker 0x886 deposited the remaining ENA to Binance

Last synced: Jun 12, 10:04

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