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October 18, 2025BitcoinSistemi logoBitcoinSistemi

Founder of This Altcoin Bought a Significant Amount of His Own Token: The Price Chart Turned Green

According to on-chain data, a multisig wallet linked to Ethena founder Guy Young withdrew a total of 48 million ENA tokens from Binance and Bybit exchanges over the past three ￰0￱ total value of the transactions was estimated at approximately $20.41 ￰1￱ is currently unknown why the wallet collected these ￰2￱ price of ENA has surged 12% in the last 24 hours, reaching a total market capitalization of $3.24 ￰3￱ stablecoin linked to Ethena, USD, has surpassed a market capitalization of $12 ￰4￱ News: Chinese Experts Comment on the Future of Bitcoin Prices The on-chain activity wasn't limited to ￰5￱ newly created wallet withdrew 744,604 Chainlink (LINK) from Binance, completing a transaction worth approximately $12.48 million.

A crypto whale also sold his 2.227 billion PEPE tokens, earning 394 ETH (approximately $1.516 million). However, after holding the asset for 100 days, the investor sold at a loss of $1.02 ￰6￱ then converted the ETH into 147 million USDT and deposited it on the decentralized cryptocurrency exchange Aster. *This is not investment ￰7￱ Reading: Founder of This Altcoin Bought a Significant Amount of His Own Token: The Price Chart Turned Green

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