According to LookIntoChain monitoring, a major wallet moved roughly 13.11 million USDC out of Binance and Bybit, then redirected 6.6 million USDC into Hyperliquid to establish a position in ENA.
To date, the activity shows 5.1 million USDC deployed to acquire 17.76 million ENA at a price of $0.2874 per token, illustrating a disciplined entry strategy within the digital asset space.