Crypto whales are reportedly increasing their holdings of Ethena ($ENA) as they anticipate a bullish market. On-chain analytics firm Lookonchain revealed that a whale had withdrawn 13.65 million $ENA tokens from Binance, highlighting growing confidence in the future price trajectory of $ENA. This whale has been accumulating $ENA over the past three days, creating a new wallet to redeem the tokens. Investors have also shown increased interest in $ENA, adding to their holdings in anticipation of a potential price surge. Lookonchain predicts significant growth potential for $ENA, with current prices at around $0.9204.



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