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Haussier$ENA it's buying TIME, as Whale Keeps Emptying Exchanges
Someone isn’t playing small. The wallet 0x631e, widely linked to @Ethena Labs , just pulled another 25 million ENA (around $6M) from Bybit about four hours ago --- And this isn’t an isolated grab.
Total withdrawn since Nov 7: 405.15 million ENA ($96.9M at CMP) from Bybit + Coinbase Prime
That’s not trading behavior. That’s strategic accumulation -- the kind of sustained off-exchange movement that usually hints at long-term conviction or preparation for something bigger.
Wallet: 0x631eE55b8Ecd7Afb53ec30211a082691a4Cbe3ae
The wallet hasn’t sold a single chunk back to exchanges…
So whatever’s coming next, this whale clearly wants to be holding a lot of #ENA when it happens.
Someone isn’t playing small. The wallet 0x631e, widely linked to @Ethena Labs , just pulled another 25 million ENA (around $6M) from Bybit about four hours ago --- And this isn’t an isolated grab.
Total withdrawn since Nov 7: 405.15 million ENA ($96.9M at CMP) from Bybit + Coinbase Prime
That’s not trading behavior. That’s strategic accumulation -- the kind of sustained off-exchange movement that usually hints at long-term conviction or preparation for something bigger.
Wallet: 0x631eE55b8Ecd7Afb53ec30211a082691a4Cbe3ae
The wallet hasn’t sold a single chunk back to exchanges…
So whatever’s coming next, this whale clearly wants to be holding a lot of #ENA when it happens.
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