Crypto VC Strobe Ventures transferred 7 million ENA ($5.15 million) to Binance in the last half hour.

Strobe Ventures is a spin-off from BlockTower Capital, which is an institutional investor in Ethena.

They acquired 142.9 million ENA allocations through investment a year ago, and currently, there are 113.9 million ENA ($83.94 million) left in the address.

Address: 0x3C716D252B53891753DE883894fF29a9EBeE0f54