Blockchain -Tracking company Lookonchain says that a crypto trader looks at massive losses after a decentralized finance (Defi) project had undergone a serious correction.
According to Lookonchain, a crypto -walvis sold Almost 18 million Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), for a loss of more than $ 12 million after the Altcoin had fallen under $ 1.
“A whale sold all ENA and lost more than $ 12 million! This whale not stuck 17.87 million ENA ($ 8.78 million) [on Monday] And it has dropped it out to Binance. The whale had collected this Ena on Binance at an average price of $ 1.17, which resulted in a loss of more than $ 12 million. ”
Ena acts for $ 0.4484 at the time of writing, a decrease of 4.6% in the last 24 hours.
Next look monchain report Those cryptowal fish buy top altcoin Ethereum, because his price reaches around $ 2,600.
“It seems that whales collect ETH!
0xb99a… BCF5 withdrew 56,909 ETH ($ 151.6 million) from Binance [Monday].
0xed0c… 4312 withdrew 64,603 ETH ($ 171.8 million) from Binance and Bitfinex [over the weekend]. ”
The Crypto project World Liberty Financial (WLFI) of the US President Trump is also buy More ETH and Layer-2 Project Movement (Move), according to Lookonchain.
“Trump’s World Liberty bought another 3,191 ETH ($ 10 million) and 2.4 million relocation ($ 1.88 million) [on January 28th…
Trump’s World Liberty just spent 156,667 USDC to buy 273,937 MOVE again [on Monday]. ”
ETH is traded for $ 2,604 for the past 24 hours at the time of writing, a decrease of 2.1%. In the meantime, Move is traded for $ 0.5416 at the time of writing, 1.6% decrease in the day.
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