CoinVoice has recently learned that, according to on-chain analyst Yu Jin's monitoring, after Ethena announced on July 21 that StablecoinX would be doing ENA reserves, an address associated with the Ethena project began transferring out ENA. A total of 150 million ENA (valued at 77.35 million USD) has entered Binance and Bybit over the past 5 days since the announcement, with the latest transfer to the exchange occurring 2 hours ago. [Original link]
