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Address buys nearly 38M Ethena tokens worth $10.3M in two transactions

Market News
29 Sep 2026
Tokenpost
View Source
Bullish
Address buys nearly 38M Ethena tokens worth $10.3M in two transactions

An address starting with 0x9a8 purchased about 7.96 million Ethena (ENA) tokens valued at roughly $1.99 million on September 30. This followed a previous purchase of 30 million ENA tokens for approximately $8.3 million three days earlier. In total, the address acquired nearly 38 million ENA tokens at around $0.25 each. This significant accumulation could indicate growing interest or confidence in ENA's potential value.

While the Ethena whale's recent purchase totals nearly 38 million ENA tokens, on Pluang ENA trades at Rp4.471 with a slight 0.91% decrease as of Sep 30, 2026 09:02 WIB. The token's market cap stands at Rp44,91 trillion, with a 24-hour volume of Rp7,65 trillion and a circulating supply at 68% of the maximum. Despite the large accumulation, Pluang order activity shows a balanced mix of 53% sell and 47% buy, and typical holding time is 44 days, indicating steady but cautious investor behavior.

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