Whale movement in $ENA! 14.53 million transferred to Bybit
I just found out about a big move in the world of $ENA. The wallet "0x58FD" has just deposited 14.53 million $ENA, equivalent to $12.54 million, on the Bybit exchange.
It is interesting to note that this same wallet received 14.53 million $ENA on April 1 from the Ethena Labs multi-signature wallet. This suggests that the tokens have been being stored and are now moving to an exchange platform, which could indicate a possible interest in buying or selling on a large scale.
The wallet address involved is 0x58fdfc3a08934fc45c6e262d626e71befd2b4e82.
What does this mean for the future of $ENA? It's hard to say for sure, but it's certainly an important sign worth monitoring closely. We may be seeing an increase in activity and interest in this project.
I will continue to monitor the situation and inform you of any new information that arises.