Accumulate

Show

Ethena

Coin

<p>The crypto market has been abuzz with activity as two whales, <a href="https://platform.spotonchain.com/en/signal-details/two-whales-withdrew-ena-from-binance-for-staking-84501" target="_blank" rel="noopener noreferrer nofollow">identified</a> as 0xd38 and 0x29f, withdrew a combined 8.592 million ENA tokens ($11.83 million) from Binance and staked them in the “Ethena: LP Staking” contract within a span of 15 minutes.</p>
<p>This significant move comes on the heels of Ethena Labs introducing Season 2, which allows ENA stakers to earn additional tokens as rewards.</p>
<h2 class="wp-block-heading" id="whale-0xd38-s-activity">Whale 0xd38’s Activity</h2>
<p>Whale 0xd38, with the address 0xd380ab76b42254992622b7272335d1bb37667246, withdrew 4.5 million ENA tokens ($6.18 million) at an average price of $1.373. Interestingly, this whale had previously claimed 2.085 million ENA from project-related wallets at an average price of $0.68 ($1.42 million) on April 2 and 4, 2024. Shortly after receiving these tokens, the whale deposited them to Binance at an average price of $0.654 ($1.36 million).</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="626" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-1024x626.png" alt="" class="wp-image-471127" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-1024x626.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-767x469.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-1536x939.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-2048x1252.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-245x150.png 245w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-573x350.png 573w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428-788x481.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-428.png 1908w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="whale-0x29f-s-first-time-withdrawal">Whale 0x29f’s First-Time Withdrawal</h2>
<p>Whale 0x29f, with the address 0x29fec057b86ef46d240bd271837369f5715335ef, withdrew 4.092 million ENA tokens ($5.65 million) from Binance at an average price of $1.379. This marks the first time Whale 0x29f has made such a significant withdrawal.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="ena-price-surge">ENA Price Surge</h2>
<p>Following the introduction of Ethena Labs’ Season 2, which incentivizes ENA staking with additional token rewards, the ENA price has experienced a remarkable 21.46% increase in the past 24 hours.</p>
<p>The increased demand for ENA tokens, as more investors seek to participate in the staking program and benefit from the added rewards, is responsible for this price surge.</p>
<h2 class="wp-block-heading" id="ethena-labs-season-2">Ethena Labs’ Season 2</h2>
<p>Ethena Labs’ Season 2 has been a catalyst for the recent whale activity and price surge in the ENA token. By offering additional token rewards to those who stake their ENA, Ethena Labs has created a strong incentive for investors to hold and stake their tokens, thus reducing the circulating supply and driving up the price.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="204" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-1024x204.png" alt="" class="wp-image-471135" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-1024x204.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-300x60.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-767x153.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-1536x306.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-2048x409.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-752x150.png 752w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-100x20.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-1755x350.png 1755w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-429-788x157.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>The introduction of Season 2 demonstrates Ethena Labs’ commitment to creating value for its token holders and fostering a vibrant ecosystem around the ENA token. As more investors participate in the staking program, the increased demand and reduced supply of ENA tokens are likely to support further price appreciation.</p>
<p>The recent whale activity, involving the withdrawal and staking of 8.592 million ENA tokens ($11.83 million), has significantly impacted the ENA token price, resulting in a 21.46% surge in the past 24 hours. Ethena Labs’ Season 2 launch, which has created a strong incentive for investors to stake their ENA tokens and earn additional rewards, is largely responsible for this activity.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-whales-massively-accumulate-ethena-amid-ena-price-surge/" rel="noopener noreferrer nofollow">Crypto Whales Massively Accumulate Ethena Amid ENA Price Surge</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Whales Massively Accumulate Ethena Amid ENA Price Surge

목차

CaptainAltcoin

2024년 4월 9일에 게재된 다른 기사

UNCX Network (UNCX) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Defiance Investments Plans Launch of 2x Leveraged Ethereum Futures ETF

Lumoz Raises $6M for ZK-RaaS Platform Expansion

Tottenham Hotspur Fan Token (SPURS) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Will BEAM Price Deteriorate Further Or Turn Around Soon?

How Solana Airdrop Hunters Could Help Reveal Token With Massive Profits, But Beware of Scam

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!