According to ChainCatcher's report, based on spotonchain's monitoring, in the past 18 hours, Ethena's multi-signature wallet has transferred 94.16 million ENA (worth $33.7 million) to 33 addresses, which may be part of the 207 million ENA (worth $741 million, accounting for 39.17% of the circulating supply) unlocked this week.
So far, 59.3 million ENA (worth $21.08 million) have been sold on decentralized exchanges (DEXs) or sent to Binance at an average price of $0.355. Notable recipients include:
• OKX Ventures, 17.87 million ENA
• Curve founder Michael Egorov, 2.8 million ENA
Both have deposited all their ENA into Binance. The multi-signature wallet still holds 122 million ENA (worth $433 million), which may continue to be distributed in the near future.
