On-chain data shows that on December 23, a Large Investor quietly transferred 16.85 million ENA all at once to a certain Compliance platform. This individual purchased this batch of coins last December at an average price of $1.099, costing approximately $18.52 million. Currently, ENA has fallen to $0.2079, meaning if sold all now, this transaction would incur a loss of around $15.02 million. In just one year, the value of Holdings has directly dropped from heaven to hell, shrinking by 82%. The operations of this Address have caught the attention of on-chain analysts and have garnered quite a bit of follow within the community. Large transfers into exchanges usually indicate a possible dump; given the scale and extent of the losses, some are betting on whether there will be a Rebound next, while others are speculating if this is the rhythm of recognizing losses and exiting.
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DeFiChef
· 2025-12-24 18:45
Damn, 15 million USD just disappeared like that. Who can handle it?
This guy must be incredibly patient... I would have sold in my sleep long ago.
Friends betting on a rebound, wake up. This is admitting defeat.
82% shrinkage, truly a textbook-level disaster in the crypto world.
Once the exchange takes the asset, it's basically a verdict.
View OriginalReply0
FundingMartyr
· 2025-12-23 09:48
Oh my, 15.02 million just disappeared, how desperate must that be?
Do I recognize the loss or expect a rebound? Anyway, I can't understand it anymore.
The ENA project is really something, an 82% fall in a year, who can withstand that?
If this guy really dumps, he might need to reflect on his life.
But then again, entering the exchange doesn't necessarily mean selling, maybe he's buying the dip?
If you ask me, that's how it is in the crypto world, you earn quickly but you also lose quickly.
18.52 million turned into this, I'm sick.
View OriginalReply0
AirdropHunterWang
· 2025-12-23 03:56
Wow, over $15 million just disappeared like that, how strong must the mindset be?
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What is this guy thinking, still daring to get dumped on the exchange with an 82% drop?
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ENA is really something, is there still anyone buying?
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I don't care whether he recognizes the loss or not, I just want to know if he still holds other coins.
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Bought for over a dollar last year, now it's two dimes, that's a bit ridiculous.
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Rebound? I doubt it, with this scale of dumping the exchange must also be panicking.
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Shrinking by 82% in a year, this is faith, haha.
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Large Investors are all running, while retail investors are still holding on tight.
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I just want to know if this Address is behind an institution or which pro.
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What does transferring to the exchange represent? Saying dump is too absolute.
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Another story of "firmly optimistic but still need to stop loss."
View OriginalReply0
TaxEvader
· 2025-12-23 03:46
15.02 million dollars, this guy is really brave
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82% just gone, I feel so sorry for him
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It would be so ironic if this rebounds, hahaha
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Large Investors take losses, retail investors are still daydreaming, it's ridiculous
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In one year, from heaven to hell, that's the crypto world
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Switching exchanges = Rug Pull warning, I've seen this trick too many times
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Losing 15 million and still calmly switching exchanges, how desperate must he be
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I'm just curious how this guy feels now, I would have gone crazy by now
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Bought at $1.099 and sold at $0.2079, this trade is really something
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Tsk tsk, 18.52 million dollars down the drain, now that's what I call a real All in
View OriginalReply0
ProposalManiac
· 2025-12-23 03:46
This is a typical case of mechanism design failure. The early token distribution lacked sufficient locking periods and unlocking mechanisms, resulting in large investors making moves that caused the entire market to fluctuate dramatically. This is the price of improper decentralization.
On-chain data shows that on December 23, a Large Investor quietly transferred 16.85 million ENA all at once to a certain Compliance platform. This individual purchased this batch of coins last December at an average price of $1.099, costing approximately $18.52 million. Currently, ENA has fallen to $0.2079, meaning if sold all now, this transaction would incur a loss of around $15.02 million. In just one year, the value of Holdings has directly dropped from heaven to hell, shrinking by 82%. The operations of this Address have caught the attention of on-chain analysts and have garnered quite a bit of follow within the community. Large transfers into exchanges usually indicate a possible dump; given the scale and extent of the losses, some are betting on whether there will be a Rebound next, while others are speculating if this is the rhythm of recognizing losses and exiting.