A whale address deposited 5 million ENA into Binance, which was received from an Ethene multi-signature address 5 hours ago.

BlockBeats News, October 1st, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale address starting with 0x325 transferred 5 million ENA tokens to Binance approximately 5 hours ago, equivalent to about $2.84 million.

This address received a transfer of 22.28 million tokens from the Ethena multisig address 6 days ago (worth $12.98 million) and subsequently deposited the tokens into the exchange platform in two separate transactions, indicating a potential sell-off.

It is worth noting that this address had frequent interactions with Synthetix founder Kain Warwick two years ago, but its ownership cannot be confirmed.