Ethena-linked wallets withdraw $68.26 million in ENA from exchanges

  • Ethena-linked wallets withdrew ENA tokens from centralized exchanges.
  • $68.26 million in ENA was withdrawn, including $13.1 million from Bybit.
  • Ethena posted transaction hashes on X eight hours earlier, with details undisclosed.

Wallets suspected of being linked to the Ethena team have withdrawn a cumulative $68.26 million in ENA tokens from centralized exchanges, including $13.1 million from Bybit about two hours earlier and $55.16 million from Coinbase. The Ethena project also posted a series of transaction hashes on X eight hours earlier, but their specific content remains undisclosed. The activity has prompted market speculation that the project could be preparing to announce significant news.

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