A crypto investor recently made millions of dollars worth of purchases in the altcoin market.
According to data from the on-chain analytics platform Lookonchain, a crypto investor took action on April 5th and bought a large amount of Ethena (ENA).
Data revealed that the investor purchased 3.5 million ENA worth $3.3 million at a cost of $0.944 per ENA. With this purchase, ENA became the most voluminous cryptocurrency in the investor’s portfolio.
The same investor holds $2.63 million worth of Degen (DEGEN) and $965,000 worth of Brett (BRETT), with a total profit of over $912,000.
Ethena distributed a total of 750 million ENA through an airdrop on April 2nd. Subsequently, this new altcoin, listed on Binance and many other exchanges, attracted significant attention from investors.
