Back

Whale Shifts Holdings With $1.29M PEPE and PENDLE Sale, Buys ENA

According to on-chain data, the whale expanded its ENA position to 21.82 million tokens worth $17.53 million after a $6.68 million purchase at $0.735 each.

PEPE
ENA
PENDLE

Summary

An on-chain report shows a whale purchased 9.08 million ENA at $0.735 each, totaling $6.68 million, after liquidating PEPE and PENDLE. The whale now holds 21.82 million ENA valued at $17.53 million, highlighting significant fund rotation into ENA.

Terms & Concepts
  • Whale: A term used in cryptocurrency markets to describe an individual or entity that holds and trades large amounts of a digital asset, often influencing market trends.
  • Onchain Data: Information derived directly from blockchain transactions, providing transparency on token movements, wallet activity, and market behavior.
  • ENA: A cryptocurrency token involved in this transaction, with the whale now holding 21.82 million units worth $17.53 million.