PANews reports on July 26 that according to on-chain analyst Yu Jin's monitoring, after Ethena announced the StablecoinX ENA reserve on July 21, an Ethena project-related address began transferring out ENA. A total of 150 million ENA tokens (valued at $77.35 million) have entered Binance and Bybit within the 5 days since the announcement, with the most recent transfer to an exchange occurring 2 hours ago.
The Ethena project's associated address transferred ENA to CEX again 2 hours ago
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