Suspected Ethena Team Wallet Withdraws Over $68 Million in ENA from CEX

PANews, October 4 - According to on-chain data monitoring, a wallet suspected to be associated with the Ethena team has cumulatively withdrawn ENA tokens worth $68.26 million from centralized exchanges (CEX), including approximately $13.1 million in ENA withdrawn from Bybit about 2 hours ago, and $55.16 million in ENA withdrawn from Coinbase.

Additionally, the Ethena project team posted a string of transaction hashes on X platform 8 hours ago, with the specific content not yet disclosed, sparking market speculation that significant announcements may be forthcoming.