Whale Accumulates $4.91M in ENA at $0.2607 Entry
Ethena (ENA)
Editor:
Eugene Serbin
lookonchain.com reports that on-chain analyst Ai Yi identified a new address accumulating a substantial position in ENA. The address 0xc64…fC770 purchased 18.84 million tokens at an average entry price of $0.2607. This accumulation amounts to a total value of $4.91 million.
According to HTX market data, the token has risen 56% over the past month. The report also notes that El Salvador launched a remittance app called Sivar on the Base network with a fixed $2 fee. Bitcoin’s open interest positions are currently at their lowest level since March, reducing vulnerability to leverage liquidations.
Another new address accumulated 14,836 ETH worth approximately $39.73 million. ECB Governing Council member Escrivá stated that Spain does not consider transferring its gold reserves. A trader with diamond hands holds a LINK position for over half a year with an unrealized profit of $1.29 million.
Polymarket hired a senior Goldman Sachs executive to attract Wall Street liquidity. A trader profited $448K by monitoring Binance's new listings. Funds flowed into Bitcoin, Ethereum, and Hyperliquid last week.
A dormant $PEPE whale transferred 2.1T tokens worth $52M to a new address. Elon Musk's tweet about Moltbook caused meme coin MOLT to surge 30% to a new all-time high of $114 million. A smart AI coin trader made $17.6M on GOAT, ai16z, Fartcoin, and arc.
A sniper earned 2,277 ETH worth $8.3M trading SHIRO within 18 hours. The 30-year-old entrepreneur behind Virtual leads a multi-million dollar AI agent society. A trader lost $73.9K trading memecoins in just 3 minutes. The report also explains how $SPORE works through on-chain records.
How the market reacted
Whalio's own Binance spot order flow for ENA, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio data shows ENA trading at $0.2566, slightly below the whale's entry price. The 1-hour buy ratio stands at 49.2%, while the 4-hour ratio drops to 44.2%, indicating weakening short-term buying pressure compared to the 24-hour average of 48.5%. Volume delta is negative across all timeframes, with -$30,321 in the last hour and -$848,239 over four hours. This negative volume delta means sellers are outweighing buyers in recent trading activity. Despite this, the 24-hour CVD remains positive at +$2,162,058, showing net buying over the full day. Net buying occurred for only 11 of the 24 hours, suggesting inconsistent demand.
The latest daily buy ratio of 50.0% sits at the 67th percentile of the last 323 days, against a median of 49.0% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ENA, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.8%, making today's 24-hour ratio of 48.5% slightly lower by 1.3 points. Volume remains steady at 1.00x the weekly average, indicating normal trading activity levels. Price increased 20.6% over the eight-day period, contrasting with the recent short-term dip. The total volume delta for the week was -$7,083,276, showing sustained selling pressure over the longer term. This is an ordinary day for the coin, with volume matching averages and only a minor deviation in buy ratios.