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Don't remind me again today

A suspected Ethena Address withdrew 25 million ENA in 3 hours, accumulating nearly 100 million dollars transferred out since November.

YieldWhisperer

2025-12-02 05:16:22

Abstract generation in progress

【比推】 has made another big move. Three hours ago, an address suspected to be related to Ethena Labs withdrew 25 million ENA from a certain exchange, worth about 6 million dollars at the current price.

This is not the first time. Since November 7th, this mysterious Address has gradually moved a total of 405.15 million ENA from a certain exchange and a certain compliant platform - that's right, over four hundred million. The current market value is close to one hundred million US dollars, 96.8 million.

With such a large volume continuously being transferred out, what is actually being planned behind the scenes? Is there a preparation for locking up or is there another strategy in place? The market is all watching closely.

ENA14.51%

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HappyToBeDumped

· 16h ago

400 million ENA has been moved in just one month, this is not a Lock-up Position, this is a Rug Pull, right?

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GasFeeBeggar

· 20h ago

Here it comes again, this rhythm is a bit urgent... 400 million ENA has quietly moved, is it a reduction or some other trap?

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GateUser-44a00d6c

· 20h ago

More than 400 million ENA moved out in a month, this pace is a bit scary, feels like something is going to happen.

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SchrodingersPaper

· 20h ago

Damn, 400 million? Are they closing all positions or hoarding? I really can't understand. Hey wait, this rhythm... feels like it's going to explode, should I run? Large transfers are always a precursor, I've seen this trick too many times before. No way, such a big number and really no one is managing it? Or are we all being played for suckers? I'm so anxious, feels like I bought too early... or should have bought even earlier. Is this what they call "institutional behavior"? It's just playing us by two sets of rules. Calm down, maybe it's just normal operations... who believes that? Rounding off is just dumping, don't fool yourself. What the hell should I do now, play people for suckers or hold on tight?

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TopBuyerBottomSeller

· 20h ago

What the hell, over 400 million coins? Is this a close all positions or a layout? --- Here we go again, every time it’s like this making people anxious. --- This rhythm is off, either dumping or a big move, what is Ethena playing at? --- A hundred million dollars being turned out like this, it must be bad news. --- Is this just a smoke screen? Or are they really going to stir things up? --- It looks ridiculous, who can withstand this operation? --- Why is it Ethena again? This project is in the headlines every day. --- 400 million coins slowly being dumped, it doesn’t feel like a Lock-up Position. --- Is this address internal or what? That’s a pretty big issue. --- It’s almost a hundred million already and still moving, is this a signal for dumping?

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Degen4Breakfast

· 20h ago

Four hundred million ENA vanished into thin air, how intense must the dumping expectations be... --- Here we go again, there's a new plot every day, this time it's ENA's turn, can't hold on anymore --- Oh my, it can't be that they're really going to close all positions, this rhythm is a bit scary --- Lock-up Position? It looks more like the last operation before quietly rug pulling... --- With nearly a hundred million dollars being turned like this, how hasn't the market reacted yet, it's a bit strange --- Just want to know how the exchange is still letting such a large order go through smoothly --- ENA really is quite unfortunate, it just became popular not long ago and now this happens, a typical project party trick --- Bad news, it seems we need to reserve some selling pressure, this is clearly a rhythm to dump.

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