ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, crypto VC Strobe Ventures transferred 7 million ENA to Binance in the past half hour, worth approximately 5.15 million USD.

Strobe Ventures was spun off from BlockTower Capital, which is an institutional investor in Ethena. It was allocated 142.9 million ENA a year ago, and its current address still holds about 113.9 million ENA, worth 83.94 million USD.