Multicoin Capital transfers 546 million ENAs to Galaxy Digital

According to on chain analyst Yu Jin's monitoring, 4 hours ago, Multicoin Capital transferred 546 million ENAs (worth $512 million) to Galaxy Digital for possible OTC sale. ENA has fallen by 14% in the past 24 hours, and its current value has decreased by 80% compared to when it was received in October last year, when it was worth $251 million. In addition, the address made a profit of $283 million on HYPE: it bought 1.35 million HYPEs for $29 in January, sold half for $34 in March, and holds the remaining portion to this day.