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A major whale incurred losses exceeding $15 million from dumping ENA, having previously bought 16.86 million ENA tokens at a high price of $1.10

A major whale incurred losses exceeding $15 million from dumping ENA, having previously bought 16.86 million ENA tokens at a high price of $1.10

2025-12-23 11:26

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ChainThink report, December 23, according to Lookonchain monitoring, the whale address 0x72F8 deposited all 16.86 million ENA tokens it held into Coinbase Prime 7 hours ago.


These tokens were acquired approximately one year ago at a high price of $1.10, with a total cost of around $18.53 million, while the current market value has dropped to just $3.51 million. The cumulative loss amounts to over $15 million, representing a loss rate of approximately 81%.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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