16.85 million ENA were liquidated: the lesson of a Whale losing 15.02 million dollars in a year.

2025-12-23 02:46:10

Abstract generation in progress

[BitPush] On-chain monitoring data shows that a holder address (0x72F…7e6e) deposited all of its 16.85 million ENA to a leading exchange 7 hours ago. The story behind this operation is a bit heartbreaking — this holder had built a position at an average price of $1.099 at the end of December 2023, when the asset value was as high as $18.52 million. After a one-year holding period, the current price has fallen to $0.2079. If they were to close all positions now, they would face a loss of $15.02 million, with assets evaporating by 82%. From building the position to depositing, the coin price has fallen more than 80%. If this order were executed, it would witness a rather heavy market lesson.

ENA1.4%

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