address 0xa554 was reportedly again sold through BitGo sold 37725000 tokens ENA
BIBIBI
AT A GLANCE
An address dormant for over 1 years transferred approximately 37725000 tokens ENA, while still holding approximately 119820000 tokens.
Article
A certain whale remained dormant for over 1 years before transferring 37725000 tokens ENA, worth 9250000 USD
PANews October 6 According to news, Lookonchain monitoring showed that a whale address that had been dormant for over 1 years, address 0xa554 transferred via 12 hours ago again through BitGo sold 37725000 tokens of ENA, worth approximately 9250000 USD. The address currently still holds approximately 119820000 tokens of ENA, worth approximately 29600000 USD。
PANews reported that Lookonchain monitored address 0xa554 as dormant for over 1 years.
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The address, on 12 hours ago, through BitGo sold 37725000 tokens ENA, worth approximately 9250000 USD。
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The address currently still holds approximately 119820000 tokens ENA, worth approximately 29600000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Whale” generally refers to an address holding a large amount of assets. Here, the news says that address 0xa554 transferred a large amount of ENA after being inactive for a long period, and sold it through BitGo; however, the materials do not provide a transaction hash or BitGo transaction evidence.
Why it matters to readers
If this transaction was indeed a sale, the large amount of ENA entering the market or related liquidity channels could increase market attention to short-term selling pressure and subsequent disposition.
Beginners should focus on two points: first, transfers by large addresses may affect market sentiment; second, a “sale detected” still requires further verification with on-chain evidence.
Risks and unknowns
The materials do not provide a verifiable on-chain transaction hash.
The identity of address 0xa554 has not been confirmed.
The transaction details of the sale “through BitGo” cannot be independently verified based solely on the current materials.
It cannot be confirmed whether this transfer has already created new supply available for trading in the market.
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Related concepts
Whale
An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
