From 18.52 million dollars to a loss of over 80% - the Tied Up journey of a Large Investor in ENA.

2025-12-23 10:00:11

[Coin World] A loss story of a whale wallet is worth pondering. Data monitoring agencies have tracked that a certain address bought ENA worth 18.52 million dollars at an average cost of 1.099 dollars in December 2024. At that time, this investment seemed perfectly normal—buying low and waiting for a turnaround.

Unfortunately, after holding the position for a whole year, the market did not bring the expected rebound. Just 7 hours ago, this whale couldn't hold back and deposited all its ENA at a price of about $0.2079 to a major trading platform to prepare for liquidation. A simple calculation shows that the paper loss amounts to as much as $15.02 million, with assets shrinking by more than 80%.

This could be a typical example of being trapped. Buying at what seems like the bottom, but not realizing that there is another bottom below it. However, from another perspective, the actions of large holders cutting their losses are often an important signal for the market—whether it is time to rebound or continue to explore the bottom, the price will speak.

ENA-6,43%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

GweiObserver

· 2025-12-26 09:44

Damn, 18.52 million directly shrank to just over 3 million, how desperate is that? There’s always a bottom below the bottom, truly remarkable, this is the crypto world. The big players are cutting losses... should we retail investors run or buy the dip? Bought at $1.1, now at $0.2, how regretful must this guy be... A typical left-side trading crash scene, oh dear. Implying a rebound signal? I think it’s just being beaten down into submission. Holding the position for a whole year without a rebound... if it were me, I’d have already lost my mind. This is called, it’s better to sell than to buy.

View OriginalReply0

ser_ngmi

· 2025-12-26 00:08

18.52 million directly shrank to just over 3 million, who can handle that? There is still a bottom below the bottom, it's really incredible. Is this wave really going to rebound, or will it continue to crash relentlessly? Major investors have already given up, retail investors are still dreaming. In just one year, it's all gone. I need to reflect on my holdings.

View OriginalReply0

SmartContractRebel

· 2025-12-23 10:29

There is always a bottom below the bottom, this sentence hits too hard. --- Directly turning 18.52 million into a 15.02 million loss, this is the daily life of the crypto world. --- Wait, is this Whale really going to dump? It depends on how things go next. --- Buying at the bottom but being trapped with 80%, I really can’t imagine that mentality. --- Another story of lurking at low prices, but still got trapped, tragedy. --- This is why I only dare to play with small amounts, Large Investors can lose this badly. --- After holding for a whole year, it's still fallen like this, there really is no bottom. --- Is this the last jump before the pump? Or will it continue to explore the bottom? The price speaks the truth. --- 18.52 million dollars, saying Cut Loss and just cutting it, how desperate must that be? --- Bottom? Ha, for ENA it might just be the middle.

View OriginalReply0

retroactive_airdrop

· 2025-12-23 10:28

This whale is really a trap, 18.52 million evaporated just like that. I'm wondering if this is the bottom... --- There’s always a bottom below the bottom, this saying hurts. It feels like many people have been trapped like this. --- Haha, no way, large investors are cutting losses and we retail investors have to buy the dip too? --- 15.02 million, oh my, how exhausting must it be to hold for a year without making a move. --- Wait, is this a signal? Are large investors starting to dump, is it time for a rebound? --- A typical dumb buyer story, I bet 5 bucks that next week a new large investor will come to buy the dip. --- So no one can really buy the bottom, huh? No matter how low the price is, it could still continue to fall. --- I just want to ask what mindset this whale has now... 18.52 million turned into this. --- To put it bluntly, ENA has no prospects, even the strongest large investors can't save a bad coin. --- Watching large investors cut losses should actually mean we continue to short, that's the real signal.

View OriginalReply0

Layer2Observer

· 2025-12-23 10:24

There is still a bottom below the bottom. This statement is interesting, but it depends on the data – from 1.099 to 0.2079, it indeed hasn't clarified the fundamental changes of ENA, and it needs further verification whether this selling pressure is really a bottom signal.

View OriginalReply0

HappyToBeDumped

· 2025-12-23 10:04

There is a bottom below the bottom, this sentence I have to engrave in my mind --- 18.52 million directly evaporated 15.02 million, is this my future haha --- Is it a signal when large investors cut loss? I am that signal --- Wait, did this guy really hold for a whole year? I need to learn how to be so patient --- 0.2 dollars to get in, I bet he will regret it --- Once again, the bottom of the bottom, the master of nesting dolls in the crypto world.

View OriginalReply0