ENA Whale: Sells 37.7M Tokens for $9.25M via BitGo
ENA whale 0xa554 sells 37.725M ENA ($9.25M) through BitGo after year-long dormancy, retaining 119.82M tokens worth $29.6M at current prices.
SourceAnalysis
ENA whale 0xa554 sold another 37.725M ENA worth $9.25M via BitGo 12 hours ago after over a year of inactivity and retains 119.82M ENA valued at $29.6M.
Price sits at $0.25 with EMA50 acting as immediate support matching the current level while EMA200 at $0.21 offers deeper backing; the MACD golden cross signals bullish momentum even as RSI at 52.68 stays neutral and the token trades inside Bollinger bands with upper resistance at $0.26, pointing to a likely pause before continuation. This activity shapes near-term ENA price prediction models and highlights risks of a crypto market crash trigger from large holder flows, separate from any AI industry impact on synthetic dollar protocols like Ethena.
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