Ethena Labs moved 1.59 billion ENA tokens, valued at approximately $443 million, from Coinbase Prime, marking a significant asset transfer within the Ethena ecosystem.
On December 10, 2025, blockchain analytics platform OnchainLens reported that Ethena Labs withdrew 1.59 billion ENA tokens, worth approximately $443.33 million, from Coinbase Prime. This move reflects the ongoing asset management strategies within the Ethena ecosystem and highlights the role of Coinbase Prime in facilitating institutional-level transactions.