🚨 DORMANT $ENA WHALE AWAKENS TO DEPOSIT $6.98M TO EXCHANGE SURFACES 🦈
After remaining inactive for over a year, a massive $ENA entity just transferred 30M tokens worth roughly 6.98 million to a top-tier exchange via BitGo custody. 🌊 Institutional market participants often utilize these liquidity injections to facilitate over-the-counter rebalancing or establish sell-side liquidity pools near key supply zones.
Despite this significant deposit, the whale retains 157.55M $ENA valued at approximately 36.74M in reserve wallets. 🔍 Keep a close watch on intraday order flow and order book depth to gauge whether this influx triggers immediate absorption or localized structural pressure. 💬 Do you expect this deposit to be absorbed by demand or trigger a deeper pullback? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ENA #WhaleAlert #SmartMoney #MarketStructure #Crypto
🦈 👁️
After remaining inactive for over a year, a massive $ENA entity just transferred 30M tokens worth roughly 6.98 million to a top-tier exchange via BitGo custody. 🌊 Institutional market participants often utilize these liquidity injections to facilitate over-the-counter rebalancing or establish sell-side liquidity pools near key supply zones.
Despite this significant deposit, the whale retains 157.55M $ENA valued at approximately 36.74M in reserve wallets. 🔍 Keep a close watch on intraday order flow and order book depth to gauge whether this influx triggers immediate absorption or localized structural pressure. 💬 Do you expect this deposit to be absorbed by demand or trigger a deeper pullback? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ENA #WhaleAlert #SmartMoney #MarketStructure #Crypto
🦈 👁️