According to the data from the on-chain analysis platform Lookonchain, a whale that made millions of dollars in profits on Hyperliquid has now turned to Ethena with (ENA).

The moves of major players who frequently attract attention in the crypto markets continue to be under close watch by investors. According to the latest data shared by Lookonchain, the whale with the 0x9e8b wallet has made over 14.5 million dollars in profit on the Hyperliquid platform so far. This same whale recently opened a long position by purchasing 27.9 million ENA. The size of this position is approximately at the level of 20.5 million dollars.
This move by the whale is seen as a significant development that could affect market sentiment for the ENA price. Especially in Hyperliquid, which stands out with high-leverage trades, positions of this magnitude can both increase price volatility and create guiding signals for other investors.(