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Gate ELSA Futures Trading Challenge is Now Live!
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ENA experiences large transfer out: 40 million tokens moved out from leading exchanges within 4 minutes
[BitPush] According to on-chain data monitoring, a leading exchange transferred out 40 million ENA tokens within just 4 minutes, with a total value of approximately $7.15 million. This operation has attracted attention. Specifically, at 14:21, 25 million ENA (about $4.4682 million) was transferred to a custody platform; four minutes later at 14:25, the remaining 15 million ENA (about $2.6793 million) was sent to an anonymous address. Such large-scale concentrated transfers often indicate that market participants may be adjusting their positions or preparing for upcoming operations. The on-chain performance of ENA during this period is worth watching.