COINOTAG News, citing Onchain Lens, reports that Arthur Hayes, co‑founder of BitMEX, conducted a notable withdrawal from Binance. The transaction covers 1.22 million ENA tokens, estimated at about $257,600, based on current market data captured by on‑chain analytics.

Such a large transfer by a high‑profile figure can impact near‑term liquidity for ENA on centralized venues and attracts attention from traders watching wallet‑level activity. While the motive remains undisclosed, the move underscores ongoing on‑chain fund mobility in the crypto ecosystem.

Investors should monitor subsequent wallet activity and ENA’s trading liquidity on Binance to gauge potential short‑term price impact. As a single data point, this movement does not imply a broad market trend.