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Arthur Hayes, 15 minutes ago, deposited $6.44 million ENA into Binance and Bybit.

Blockchain analysis firm SpotOnChain said via X that “BitMEX founder Arthur Hayes's estimated address deposited 7.9 million ENA (worth $6.44 million) on Binance and Bybit 15 minutes ago after unstaking.” The address staked 16.79 million ENA (worth $11.19 million) at a price of $0.666 per ENA in November 2024 and deposited a cumulative total of 16.9 million ENA (worth $17 million at a price of $1.01 per ENA) on centralized exchanges. If the corresponding volume is sold, the estimated profit is expected to be $5.52 million. Based on CoinMarketCap, ENA is trading at $0.8219, down 8.47%.

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Bitcoin and Altcoins: Navigating Cryptocurrency Market Volatility

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BTC Short-Term Holder Profits Decline, Investor Sentiment Cools, Spoted Crypto

BTC Short-Term Holder Profits Decline...Investor Sentiment Cools

“While the Short-Term Holder P/L Ratio is still dominant at 1.08, it has fallen below the 90-day average, signaling a general market correction,” on-chain analytics firm Glassnode analyzed via X. ‘The ratio of BTC short-term holders’ market value to BTC short-term holders' market capitalization has declined, cooling