{"id":149140,"date":"2025-02-12T09:30:19","date_gmt":"2025-02-12T07:30:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=149140"},"modified":"2025-02-12T03:58:33","modified_gmt":"2025-02-12T01:58:33","slug":"crypto-whale-takes-12m-loss-on-ethena-ena-sell-off","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-whale-takes-12m-loss-on-ethena-ena-sell-off\/","title":{"rendered":"Crypto Whale Takes $12M Loss on Ethena (ENA) Sell-Off"},"content":{"rendered":"<p data-start=\"0\" data-end=\"250\">Recent activity shows that this investor withdrew 17.87 million ENA\u2014valued at $8.78 million\u2014from staking and sent it to Binance, likely for selling.<\/p>\n<p data-start=\"252\" data-end=\"555\">The whale initially acquired ENA at an average price of $1.17, meaning they exited their position at a significant loss of over $12 million, excluding any minor gains from staking rewards.<\/p>\n<p data-start=\"252\" data-end=\"555\">With ENA now trading at $0.44, the token has fallen sharply from its peak of $1.52 reached about ten months ago.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-final-surge-economist-predicts-massive-crypto-rally\/\" title=\"Bitcoin\u2019s Final Surge? Economist Predicts Massive Crypto Rally\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/federal-reserve-measures-do-nothing-for-bitcoins-price-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin\u2019s Final Surge? Economist Predicts Massive Crypto Rally<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\u2018\n<p data-start=\"557\" data-end=\"713\" data-is-last-node=\"\">Crypto analyst Il Capo recently commented on ENA\u2019s price action, suggesting that if the decline continues, the next key support level could be around $0.40.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain data has revealed a major crypto whale incurring heavy losses on the Ethena (ENA) token.<\/p>\n","protected":false},"author":3,"featured_media":106413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-149140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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