🗞️ On-chain analyst Ai Yi (@ai_9684xtpa) reports that three addresses possibly belonging to the same entity/whale redeemed 18.085 million ENA from Ethena within the past hour and deposited it all to Binance, worth approximately $3.64 million.
$ENA First, watch the market’s reaction.
Determine whether this is a new development or old news being recycled. What’s your initial take?