CoinScoopEthena-linked addresses transfer over $6.75 million in ENA to Bybit
On-chain analyst Ai_9684xtpa reported that two addresses associated with the Ethena project deposited 19 million ENA tokens, worth approximately $3.29 million, into Bybit over the past 15 hours. Since September 3, these addresses have transferred a total of $6.75 million worth of ENA to exchanges. The tokens were originally received from an Ethena multi-signature wallet two years ago and had remained dormant until recent price surges prompted the sell-off.
Summaries are written by AI from the original article. Not investment advice.