Ethena Whale: 18M ENA Redeemed to Binance

Three addresses tied to the same entity redeemed 18.085 million ENA from Ethena and deposited the tokens on Binance in a single hour, moving $3.64 million at an average price of $0.2013.

ENA trades at $0.19 inside its Bollinger Bands with upper resistance at $0.21 and lower support at $0.18. The 50- and 200-period EMAs both sit at $0.20 and continue to cap upside in the prevailing bearish structure, while the neutral RSI at 48.02 leaves room for further movement. The MACD golden cross adds a modest bullish tilt, yet price must first clear the EMA cluster before any sustained advance can develop.