According to Spot On Chain, two more whales/institutions deposited 16.38 million ENA (US$19.4 million) into CEX in the past 14 hours.
1. The multi-signature address "0xc69" deposited 10 million ENA (US$11.9 million) into Bybit 13 hours ago, and the remaining 124.7 million ENA (about US$144 million) are mostly staked;
It is worth noting that before the price fell, the address often reduced its ENA position, and it seems to share the same Bybit deposit address with Arthur Hayes (founder of BitMEX);
2. 6 hours ago, Galaxy Digital deposited 6.38 million ENA (US$7.49 million) into Binance at an average price of US$1.173.
It withdrew 10.9 million ENA from Binance at an average price of $0.925 on December 5, 2024, and now still holds 4.45 million ENA (US$5.17 million), with an estimated total profit of US$2.64 million (+26%).