Dormant $ENA Whale Transfers $6.98M to Binance

A major ENA holder reactivated after more than a year of inactivity depositing 30MENA ($6.98M) into Binance via BitGo today
The whale address still retains a substantial reserve of 157.55M $ENA ($36.74M)

Could this sizable transfer trigger selling pressure or is it a liquidity adjustment

Source Arkham Intelligence
$ENA

#crypto #elaouzi #ENA