Ethena Labs transferred 23.3 million ENA to FalconX 9 hours ago.
BlockBeats News, December 19, according to monitoring by Onchain Lens, Ethena Labs transferred 23.3 million ENA (approximately $4.74 million) to FalconX 9 hours ago, most likely with the intention to sell. The wallet currently still holds 123.4 million ENA, valued at approximately $25 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
European Morning Quote - In the Spotlight: Artificial Intelligence

BUZZ - Shares of Australia's SCX.ai surge due to SpaceX partnership
Zcash co-founder releases ZIP proposal to "terminate ZCG funding channel and instead support NSM"

Citadel warns: Tech stock sell-off is just the first warning sign, AI trading offers "almost no room for error"
The sell-off in tech stocks reflects rising doubts about AI profitability, with Citadel stating that there is very little margin for error in AI trading. Grayscale noted that demand is parabolic, and capital expenditure presents a two-sided risk.
