ENA Whale Transfers Entire Holdings to Binance at Significant Loss

According to @EmberCN, a major ENA whale transferred their remaining 3.879 million ENA ($2.79M) to Binance 15 minutes ago. This completes the transfer of 23.239 million ENA from Ethena to Binance over the past 20 hours. The ENA tokens were initially withdrawn from Binance at an average price of $1.29 and have now been re-deposited at $0.726, resulting in a realized loss of $13.12M (-44%).