CoinScoopTwo Addresses Linked to Ethena Team Suspected of Liquidating ENA Holdings
On-chain analyst Ai姨 reported that two wallets suspected of being associated with the Ethena project have transferred a total of $6.75 million worth of ENA to exchanges since September 3. In the last 15 hours, 19 million ENA tokens, valued at approximately $3.29 million, were deposited into Bybit. These addresses received tokens from an Ethena multi-signature wallet two years ago and remained inactive until recently, when they began bulk deposits following a rise in the token price.
Summaries are written by AI from the original article. Not investment advice.