Look, the situation here is pretty simple 👇
There’s a wallet 0x54B8 that received 1.318B $ENA (~$642M) about a year ago. Since then, it’s been quietly selling the whole time — through Binance and other exchanges, without much noise.
Today it finally finished:
3.95M $ENA (~$379k) was sent to 0x9E30, and then straight to Binance to be sold.
And here’s the interesting part — the amount itself is small compared to the $1.4B FDV, but the market still feels it.
That tells you liquidity isn’t as strong as people think.
ENAUSDT
دائم
0.11968
-9.12%