Since last night, 5 institutional investor addresses of Ethena have transferred a total of 40.217 million ENA ($29.8 million) to exchanges:

1- Strobe Ventures transferred 7 million ENA to Binance 12 hours ago, and 4 hours later withdrew 5.087 million USDC, selling at a price of $0.726;

2- Amber Group transferred 6.39 million ENA ($4.84 million) to Binance 4 hours ago;

3- The address 0xAb4...18A transferred 6.145 million ENA ($4.55 million) to Bybit 11 hours ago;

4- The address 0x6e6...922 transferred 15 million ENA ($11.05 million) to Bybit 1 hour ago;

5- The address 0x969...aF5 transferred 5.682 million ENA ($4.27 million) to Bybit 5 hours ago.