The post ENA Whales Suffer $5M Amid Massive Unstaking! appeared first on Coinpedia Fintech News
Amid the volatile market, four whales, have unstaked and deposited a total of 15.86 million ENA tokens worth around $4 million. The deposit took place over Binance in the past 24 hours, resulting in massive losses for the whales.
These whales had initially withdrawn ENA from Binance between April and August 2024. Further, they chose to stake the ENA tokens with Pendle Finance for additional earnings. Despite staking, the total loss for all four whales exceeds $5 million.