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Ethena's affiliated address transferred out 125 million ENA from a CEX, equivalent to approximately $34.15 million.

By: theblockbeats.news|2025/11/26 06:45:53

BlockBeats News, November 26th, according to Onchain Lens monitoring, the Ethena associated address withdrew 125 million ENA from a CEX, equivalent to $34.15 million. Details are as follows:

A new wallet (0xa19) received 1.0535 billion ENA from Coinbase Prime, worth $28.7 million.

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

Strategy has transferred 58,390 BTC to Fidelity Custody in the past 2 months to reduce reliance on Coinbase.

Delaware Divide: Musk and Coinbase's Breakneck Exodus