A whale just took a massive hit. Address 0x72F8 moved all 16.86M $ENA to a major compliance platform 7 hours ago—and the timing speaks volumes.
These tokens were scooped up roughly a year back when ENA was trading near $1.10 per coin. Total entry? $18.53M. Fast forward to now: that same stash is worth just $3.51M.
That's an $15M+ bloodbath. An 81% loss.
What makes this notable isn't just the scale of the drawdown—it's the decision to deposit into an exchange custody solution at this price level. Whether this signals capitulation, repositioning, or a move ahead of the next cycle remains the million-dollar question.
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GateUser-f75ff6af
· 21h ago
Christmas Bull Run! 🐂
Reply0
Ser_APY_2000
· 12-23 06:57
Oh my god, 15 million dollars just disappeared like that? ENA is really something
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Even the whales can't hold on anymore, what can we small investors expect?
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The moment I stored it in the exchange, I knew... this guy has completely given up
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With an 81% loss, who dares to store it in the exchange? Isn't that capitulation?
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That's why I don't touch first-tier projects, it's just too damn dangerous
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I really want to see what this whale does next, is it really capitulation or just pretending?
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Oh my, in one year it fell from 1100 to now... how desperate must that be?
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If it weren't for the on-chain data, I wouldn't believe that someone could be this unfortunate
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For this step of storing in the exchange, it's either to close all positions or prepare to buy the dip? A choice between the two.
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ImpermanentPhobia
· 12-23 06:38
Wow, 15 million dollars just vanished like that, how calm must this whale be to take it so lightly...
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To run away now is truly desperate, or is it betting on the next wave? I choose to remain skeptical
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Enduring an 81% loss and only now dumping, I can't learn this kind of mental resilience
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Investing 18.5 million and ending up with only 3.51 million, how much mental preparation is needed to hit the confirm button?
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Why not wait a bit longer? It's already fallen this much... unless there's really no confidence left
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In times like this, transferring coins to the exchange feels a bit like capitulation, could it be time to close all positions and cut losses?
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Forget it, I won't look anymore, reading these loss stories just tires me out
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Is the lesson of 15 million dollars worth it? That's the question
A whale just took a massive hit. Address 0x72F8 moved all 16.86M $ENA to a major compliance platform 7 hours ago—and the timing speaks volumes.
These tokens were scooped up roughly a year back when ENA was trading near $1.10 per coin. Total entry? $18.53M. Fast forward to now: that same stash is worth just $3.51M.
That's an $15M+ bloodbath. An 81% loss.
What makes this notable isn't just the scale of the drawdown—it's the decision to deposit into an exchange custody solution at this price level. Whether this signals capitulation, repositioning, or a move ahead of the next cycle remains the million-dollar question.