An address suspected to be associated with Ethena increased its holdings by 46.79 million ENA tokens, bringing its total holdings to over 450 million ...
AI Summary1 min read
TL;DR
A whale linked to Ethena Labs received 46.79 million ENA tokens from Bybit, worth $12.78 million, boosting its holdings to 451.94 million ENA valued at $121.8 million.
Tags
DeFiEthena LabsENA tokenswhale activitycryptocurrencyBybit
On December 3, according to OnchainLens monitoring, a whale suspected of being associated with Ethena Labs recently received 46.79 million ENA tokens from Bybit, worth approximately $12.78 million at current prices. Of these, 21.79 million ENA tokens (approximately $5.23 million) came from funds withdrawn from Coinbase by this entity three and a half months ago. Currently, this whale holds approximately 451.94 million ENA tokens, with an estimated market capitalization of approximately $121.8 million.