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The largest ENA holding address on Hyperliquid has a long position of over 5x, currently showing a unrealized gain of $3.1 million.

4 hours ago

On September 6th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), due to the Ethena Foundation's buyback plan, ENA witnessed a price increase of more than 13% in the past 24 hours. The largest holder on Hyperliquid ENA, with the address 0x6b7...c5e9c, has a long position that is more than 5 times and has a realized profit of $3.107 million. This address has been holding a long position in ENA since July 29th. Currently, it holds 49.18 million tokens (approximately $36.63 million) with an average entry price of $0.6804. BlockBeats previously reported that Ethena announced early this morning a $530 million additional "StablecoinX" PIPE transaction, and the foundation launched a new $310 million open market buyback plan.
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