Ethena

<p>Crypto whales are reportedly increasing their Ethena ($ENA) holdings amid the growing bullish momentum in the market. As per Lookonchain, a prominent <a href="https://blockchainreporter.net/glossary/on-chain/" rel="noopener noreferrer nofollow">on-chain</a> analytics firm, a whale has redeemed 13.65M $ENA tokens from Binance. This move highlights an increasing confidence in $ENA’s future price trajectory.</p><h2 id="header-0">Whale Accumulation of $ENA Surges Amid the Increasing Bullish Outlook</h2><p>Lookonchain disclosed the latest $ENA accumulation event in an exclusive X post. The platform mentioned that the above-mentioned crypto whale has been engaging in an accumulation spree over the last 3 days. In this respect, this big asset holder created a new wallet to redeem the tokens. In total, the whale’s withdrawal accounts for an amount of up to $13.42M.  The whale extracted this staggering amount from the prominent crypto exchange Binance.</p><p>In addition to this, the crypto sector has recently been seeing investors’ doubled-down interest in $ENA. They have been increasing their $ENA holdings to capitalize on a potential price surge in the coming time. Additionally, the rising demand for $ENA will likely contribute a lot to push the price to further heights.</p><h2 id="header-1">Crypto Onlookers Anticipate a Price Run for $ENA Amid the Supportive Market Conditions</h2><p>According to <a href="https://lookonchain.com/" rel="noopener noreferrer nofollow">Lookonchain</a>, there is a wider trend among the whales to accumulate $ENA while market onlookers are optimistic. Based on the speculations, the $ENA token has a significant potential for growth. The overall supportive market conditions may help trigger its next price surge. At the moment, the crypto token is changing hands at up to $0.9204.</p>

Huge Whales Accumulate $ENA as Bullish Momentum Grows

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