Arthur Hayes has moved quite a bit of his Ethena (ENA) crypto causing possible repurcations on the market. Hayes further deposited 2 million ENA, worth approximately $2.12 million, into the Bybit exchange three hours ago.
It is also part of a wider pattern observed over the past two days in which Hayes unstaked and transferred a total of 9 million ENA, equalling close to $10.6 million, to leading exchanges Binance and Bybit. The average price of each of Ethena crypto was $1.173.
Despite these huge numbers of movements, Hayes still possesses roughly 7.94 million ENA, which is staked and pegs 8.1 million.
Arthur Hayes (@CryptoHayes) deposited the other 2M $ENA ($2.12M) to #Bybit 3 hours ago!
Over the past 2 days, he has unstaked and deposited 9M $ENA ($10.6M) to Binance and Bybit at an average price of $1.173, leaving behind 7.94M $ENA ($8.1M) still staked.
Follow @spotonchain… https://t.co/xNCtlJ7OZf pic.twitter.com/czmw6hbZWp
— Spot On Chain (@spotonchain) December 23, 2024
Market Reaction to Recent Ethena Crypto Transactions
Hayes’ transactions have been met with noticeable price movements within the cryptocurrency market, more specifically within the Ethena tokens space.
After this came out, Ethena crypto price has seen a 3.3% depreciation in the past 24 hours. This is a sign t
We współpracy z: https://www.thecoinrepublic.com/2024/12/24/holders-offloading-ethena-crypto-prices-consolidate-a-deeper-correction-up-ahead/
