PANews reported on January 8 that according to Spot On Chain monitoring, 9 hours ago, as the price plummeted, Galaxy Digital deposited the remaining 4.46 million ENA (US$4.92 million) into Binance. This allowed them to sell a total of 10.85 million ENA (US$12.4 million) at an average price of US$1.144 in the past 29 hours, with a possible profit of US$2.37 million (+23.5%).

Overall, three whales/institutions, including Galaxy Digital, deposited a total of 25.81 million ENA ($30.43 million) into Binance and Bybit in the past 2 days.