An address that has just been liquidated for $23.9 million returned to claim a $260,000 reward, then turned around to use 2x leverage to go long 300,000 ENA.

On the other side, the list of purchases by the “Maji” address added long positions worth $460,000 in ENA.

But at the same time, an address associated with Hack VC was monitored moving 21.85 million ENA into Wintermute, apparently preparing to sell for $3 million. (To be verified)

After a week of a 58% surge, ENA became a casino where long and short whales crash into each other.

While ordinary people watch “inside-address add-on” calls, the whales are betting real money.

The question is: when the VC’s intention to distribute and the KOL’s faith appear at the same time, who do you believe?