The new address spent $3.69 million to purchase 40 million ENA tokens and staked them on Ethena.

August 4th, according to Ai Yi Monitoring, a new address 0x341…CaADb created a position 3 hours ago, acquiring 40 million ENA tokens, equivalent to about $3.69 million, at an average price of around $0.09269 per token. Subsequently, the address staked all ENA tokens into the Ethena protocol.

Market data shows that ENA has seen a cumulative increase of 18.13% in the past month, demonstrating relatively strong performance recently.