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A giant whale redeemed 2323.9 million ENA and transferred 19.36 million to Binance, losing 44% if sold

According to on-chain analyst Ember, an ENA whale redeemed 2323.9 million ENAs (worth about $30 million) 10 hours ago and transferred 19.36 million of them (worth about $14.09 million) to the Binance exchange. Currently, only 3.879 million ENAs (about $2.76 million) remain in the whale's address. If the whale had sold these ENAs on Binance, the loss would have been $13.15 million, a loss of about 44%.