On-chain data tracking shows that a wallet associated with a well-known trader recently transferred 6.27 million ENA tokens to a major exchange, worth approximately $1.28 million at current market prices. This large transfer immediately drew market attention—such large transactions by major holders often indicate important pre-judgments about subsequent market trends. From on-chain footprints, whale transactions of this scale have always been important indicators for observing changes in market participant sentiment. As one of the tokens currently receiving high attention, the large inflow to the exchange may suggest that the holder is considering recent market movements. This reminds us to always pay attention to similar large on-chain transaction signals—they often reflect what key players in the market are thinking in advance.

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SatoshiHeirvip
· 6h ago
It should be pointed out that this article commits a basic causal fallacy—on-chain large transfers ≠ necessarily a bearish signal. Based on my on-chain data research, there are at least three possible reasons for the 6.27 million ENA flowing into exchanges: first, it could be risk hedging; second, it could be liquidity management; and finally, it could be your so-called "sell-off prediction." Laughs, another typical "whale panic." I have verified data from the 2017 bull market, and large transfers to exchanges often occurred during the pre-positioning phase before accumulation. It is obvious that the vast majority of retail investors treat on-chain transfers as a crystal ball, which precisely demonstrates how deep the collective illusion of market participants is.
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GateUser-2fce706cvip
· 6h ago
Whales are about to dump, everyone. I've always said that looking at on-chain data is the real wealth secret. Others are still watching K-lines, but smart people have already been monitoring wallet flows. The opportunity is right in front of us. ENA is about to change its game, and some are already positioning themselves. What are you still hesitating for? I mentioned three years ago that the actions of big players are the market's barometer. Now it's your turn to understand. Wake up, friends. The high ground has already been taken. The only thing left to do is to keep up with the rhythm. The signals on-chain are so obvious. Missing this round of correction would be the biggest regret.
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SnapshotStrikervip
· 6h ago
Whale movements are signals. Dropping 1.28 million USD, this guy must have a plan. --- Is this wave of ENA about to take off or just a pull of the韭菜? Let's see the big on-chain players' reactions. --- 62.7 million tokens into the exchange, either to dump or to pump, guess which one. --- Big players' actions are always faster than words. I just focus on on-chain data to feed myself. --- Another "barometer," does anyone really believe this... --- This move is quite interesting. Let's see how it develops next. --- Whale dropping so much in, I just want to know if they are buying or selling. --- The decision to invest 1.28 million USD is something ordinary people can't even imagine in a lifetime. --- I don't have much feeling about ENA, but this analysis method is definitely worth paying attention to. --- Can on-chain data be deceptive? Anyway, I believe it.
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