Ethena-related addresses transferred 125 million ENA tokens, equivalent to approximately $34.15 million, from CEX.

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On November 26th, according to Onchain Lens monitoring, 125 million ENA tokens, equivalent to approximately $34.15 million, were transferred out of Ethena-related addresses from the CEX. Among them:

A newly created wallet (0xa19...a64a) received 105.35 million ENA from Coinbase Prime, worth $28.7 million.

In addition, the wallet (0x631...e3ae) withdrew 20 million ENA from Bybit, worth $5.45 million. The wallet currently holds a total of 305.15 million ENA, worth $88.67 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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