Ethena Project Transfers 15 Million ENA Tokens Worth $9.64 Million to Binance

Ethena’s multi-signature address moves $9.64 million worth of ENA tokens to Binance, marking a significant development after a year of inactivity.

ENA

202d ago

Summary

The Ethena project’s multi-signature address has moved 15 million ENA tokens, valued at $9.64 million, to Binance. This transfer occurred after a year of inactivity, according to blockchain analyst Ai Yi.

Terms & Concepts

Multi-signature Address: A type of cryptocurrency wallet that requires multiple private keys to authorize a transaction, providing an added layer of security.