Today’s 10% gain was shadowed by the activity of wallet 0x1E13, widely suspected to be linked to the Ethena team.
A 10.65M $ENA deposit to exchanges is a clear sign of profit-taking.
Given that almost the same amount 9.53M remains in the wallet, we might see a second wave of selling in the coming hours.
Keep an eye on CEX inflows!
ENAUSDT
Διην.
0.12291
+11.85%
Do you think a project is trustworthy if the team sells during a pump?🤗🤗