A crypto investor recently made a multi-million dollar purchase in a newly launched altcoin.
According to on-chain analysis platform Lookonchain, a crypto investor took action on April 5th by buying a large amount of Ethena (ENA).
Data revealed that the investor acquired 3.5 million ENA worth $3.3 million at a cost of $0.944. This purchase made ENA the largest cryptocurrency in the investor’s portfolio.
The same investor also holds $2.63 million worth of Degen (DEGEN) and $965,000 worth of Brett (BRETT), with a total profit exceeding $912,000.
Ethena distributed a total of 750 million ENA in an airdrop on April 2nd. Following that, this new altcoin listed on Binance and several other exchanges attracted significant attention from investors.
