On September 24, BlockBeats reported that a Galaxy Digital-associated address withdrew 9.03 million ENA from FalconX, valued at approximately $2.56 million. This move comes as the market shows signs of recovery.
Market Performance of ENA
- Recent Price: $0.2762
- Weekly Increase: 32.51% over the past seven days
Implications for ENA Investors
The withdrawal by Galaxy Digital, coupled with ENA’s recent price surge, may indicate bullish sentiment in the market. Investors should keep an eye on ENA’s performance and market trends as recovery continues.
Conclusion
The actions of major players like Galaxy Digital can significantly impact market dynamics. Observing these movements is crucial for making informed investment decisions.