A whale dumped 143 million ENA worth approximately $15.6 million.

on November 12, monitoring by Lookonchain shows whale address 0x3C71 transferred its remaining 102 million ENA (approximately $15.6 million) to Coinbase over the past two days, completing its liquidation of ENA holdings.

On-chain data shows that the whale received approximately 142.92 million ENA from Ethena about two years ago, then valued at around $69.69 million. Lookonchain stated that the address has now sold all related tokens, with an average sale price of approximately $0.24.

Estimated based on the aforementioned average price, the whale has cumulatively sold ENA worth approximately $34.3 million. However, it still needs further confirmation whether the tokens recently transferred to the exchange have been fully executed.