According to Lookonchain, Arthur Hayes purchased 1.22M ENA (about $257.5K) roughly 30 minutes before the post timestamp, with the wallet attribution referencing the Arthur Hayes entity page on Arkham Intelligence as on-chain evidence (source: Lookonchain on X, Dec 20, 2025; source: Arkham Intelligence). According to Lookonchain, this buy follows his recent transfer of 680 ETH (about $2.03M) to sell and rotate into high-quality DeFi tokens, indicating active capital rotation toward DeFi names such as ENA (source: Lookonchain on X, Dec 20, 2025).

According to @OnchainDataNerd, a single whale withdrew 25M ENA (~$6.83M) from Bybit and 21.779M ENA (~$5.95M) from another wallet over the last ~2 hours (source: @OnchainDataNerd). The same address now holds roughly 492M ENA (about $121M), with the address link provided in the post: https://t.co/TjLIO12nCr (source: @OnchainDataNerd). This indicates a 25M ENA net outflow from Bybit to the whale’s custody during the cited window (source: @OnchainDataNerd). Based on these reported on-chain flows, traders can monitor ENA liquidity and order books on Bybit and track subsequent transfers from the highlighted address for potential market impact (source: @OnchainDataNerd).

According to Onchain Lens (@OnchainLens), the Ethena (ENA) wallet labeled 0x877 deposited 5,000,000 ENA worth approximately $3.81 million into Binance (source: Onchain Lens on X, Sep 12, 2025). According to Onchain Lens (@OnchainLens), cumulative deposits from this wallet reached 44,000,000 ENA over the past two weeks, valued at about $30.55 million, with the sender address identified as 0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6 (source: Onchain Lens on X, Sep 12, 2025). According to Onchain Lens (@OnchainLens), these on-chain inflows specifically target Binance and are relevant for traders monitoring ENA exchange-side liquidity and potential supply concentration (source: Onchain Lens on X, Sep 12, 2025).