The top 36 investors who increased their HYPE holdings yesterday opened ENA positions for the first time today.

According to crypto analyst Aunt Ai @ai_9684 xtpa, the top 36 investors who increased their HYPE holdings yesterday made another move today, withdrawing 3 million ENA from Binance an hour ago, worth approximately $1.32 million. This was also the first time the address had built an ENA position.

ENA has fallen by nearly 20% in the past seven days. This address may be betting that the price of the currency will rebound driven by Ethena-related businesses.