An address deposited 16.85 million ENA tokens into Coinbase and is expected to lose $15.02 million, with its value shrinking by 82% after one year.

According to on-chain analyst Ai Yi, address (0x72F...7e6e) deposited all 16.85 million ENA tokens it held into Coinbase 7 hours ago. This address had previously accumulated these tokens in December 2023 at an average price of $1.099, at which time they were worth $18.52 million. After holding them for a year, the deposit price dropped to $0.2079. If all of them were sold, a loss of $15.02 million would have been incurred, representing an 82% decrease in assets.