OG Ethereum Whale Holds Long ENA Position with Nearly 900% Unrealized Profit
An Ethereum whale, identified by address 0xeadc, has maintained a long position in ENA for approximately 228 days. The position, valued at around $2.0849 million, shows an unrealized profit of about $976,600, representing an 881.18% return with 10x leverage.
An Ethereum whale holds a long ENA position for 228 days.
The $2.0849 million position shows an unrealized profit of $976,600.
This represents an 881.18% return with 10x leverage.
ENA has risen approximately 10.67% in the last 24 hours.
Story
An entity identified as an "OG Ethereum whale" with address 0xeadc has maintained a remarkable long position in ENA for approximately 228 days. This position, valued at around $2.0849 million with an average entry price of $0.110537, shows an unrealized profit of about $976,600. This represents an impressive 881.18% return with 10x leverage. ENA itself has risen approximately 10.67% in the last 24 hours. This on-chain activity by a large investor highlights the potential for significant returns in altcoin positions, especially for early entrants with high conviction and the use of leverage. The whale's long-term holding and substantial unrealized profit in ENA could influence market sentiment and attract further attention to the asset. However, it is crucial to note that such positions also come with significant risks, particularly with high leverage. The volatility of altcoins can lead to rapid and substantial losses, and the performance of a single whale is not an indicator of future market movements or a recommendation for other investors.
Issue context
The crypto market is experiencing a slight pullback on September 20, 2026, with the total market capitalization down 4.42% over the last 24 hours to $2.7 trillion. Bitcoin is trading at $80,426, showing a minor 24-hour decrease of 0.69%, though it remains up 4.3% over the past seven days. Ethereum is at $2,579.29, down 1.73% in 24 hours, but up 2.3% for the week. Market sentiment, as indicated by the Fear & Greed Index, is currently in "Greed" at 71, suggesting continued optimism despite the recent dip.
Current market movements show a slight correction, but also specific strengths in certain ecosystems and assets. Be aware of liquidity fragmentation and the challenges in funding new projects, which can present significant risks. At the same time, technical breakouts and on-chain whale activity can indicate potential volatility and opportunities, but these should be evaluated with caution.
Market pulse
ETH
$2.6K
-1.73% 24h / +2.3% 7d
Fear & Greed
71
Greed
BTC Funding
+0.0083%
20 perp markets · OI $59.1B
BTC Open Interest
$59.1B
Top venue Binance (Futures) · 24h vol $68.5B · basis -0.0066%
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This story is part of the Biturai Market Brief and is for informational purposes only. No investment advice.