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The Ethena team's associated address recently deposited 150 million ENA to a CEX, worth $77.35 million.

By: theblockbeats.news|2025/07/26 11:32:11

BlockBeats News, July 26th. According to @EmberCN monitoring, on July 21st, after Ethena announced that StablecoinX would have ENA as a reserve, an address associated with an Ethena team member started transferring out ENA.

A total of 150 million ENA (77.35 million USD) has entered Binance and Bybit in the 5 days since the announcement. The most recent transfer to a trading platform occurred 2 hours ago.

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