"Ethena Expands to MoveVM, Whales Boost HYPE, SOL, and JUP"
Ethena, a decentralized finance (DeFi) platform, has announced its expansion into the MoveVM ecosystem. As part of this move, users who have staked ENA will receive a 5% Echelon airdrop. This strategic shift is expected to enhance Ethena's interoperability and accessibility within the broader blockchain ecosystem.
In other news, a significant amount of USDC, valued at 5,000,000, was deposited into Hyperliquid six hours ago. This transaction suggests a bullish sentiment towards HYPE, as the whale likely intended to purchase the token. Meanwhile, another whale has been actively accumulating AUCTION since the 24th, currently boasting unrealized gains of $664,000.
A notable development in the Solana ecosystem involves a whale unbonding 1.36 million SOL and depositing it into FalconX. This move could indicate a strategic shift in the whale's portfolio, potentially signaling a bullish outlook for the platform. Additionally, Jupite has initiated its first buyback of JUP tokens, repurchasing tokens worth $3.33 million. This action could help to reduce the circulating supply of JUP, potentially driving up its value.

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