According to @OnchainDataNerd, a significant whale transaction occurred two hours ago, with wallet 0x691 withdrawing 13.4 million ENA tokens (worth approximately $8.12 million) from Binance and transferring them to wallet 0x1be. This large-scale movement of ENA off-exchange typically signals a potential for reduced immediate selling pressure, which traders often interpret as a bullish signal for ENA price action. Market participants should closely monitor subsequent activity from these addresses for further trading cues (source: @OnchainDataNerd).