The early selling pressure of chips was certainly terrifying, but what was even more frightening was that the big players completely gave up their illusions. Let me give you a complete review of the ENA's huge withdrawal and running game that spans over a year. Following the data on the chain, we have traced the original source of this batch of chips - Ethena's official multi signature wallet. A year ago (Scenery Unlimited): Address 0xAE36 received 5 million shares of ENA from the official signing, with a value of up to 3.38 million US dollars at that time. A month ago (relocation): The chips were transferred to the current new address 0x5B14, and their value has significantly decreased to $550000. 12 hours ago (complete surrender): After a month of suffering, the wealthy finally gave up. First, test with 12 coins, then throw 5 million ENAs into Bybit without reservation, and the final realized value is only $482000. He struggled from 3.38 million to 480000 before cutting his flesh and leaving. In the face of trends, the cost advantage of early unlocking will gradually be exhausted by time. Do people think that this clearance style of official associated addresses is a sign of bottoming out of fundamentals or a continuation of a bearish trend?