According to The Data Nerd, a major ENA whale (address 0xe87) deposited 14.827 million ENA (valued at approximately $5.61 million) to Binance just one hour ago. The whale had accumulated these ENA tokens at an average entry price of $0.5256 about seven months prior. If all tokens are sold at the current price, the realized loss would be around $2.25 million, marking a negative return on investment of 29%. This large transfer to Binance signals a potential increase in sell-side pressure on ENA and could influence short-term price volatility. Traders should closely monitor ENA order books and liquidity on Binance for potential breakout or further downside. Source: The Data Nerd (@OnchainDataNerd, May 15, 2025).

According to @_RichardTeng on Twitter, Binance is experiencing increased liquidity and higher altcoin trading volumes even as the broader crypto market cools. Verified data from Binance indicates that user trust remains strong, with more traders choosing the platform for its reliability and depth during periods of market uncertainty (source: @_RichardTeng, April 25, 2025). This trend suggests Binance continues to offer favorable conditions for active traders seeking deep order books and robust execution across a range of altcoins.