ENA Deposit Surge: 39M ENA Sent to Binance — 5M ENA ($4.1M) From 0x877…4bba6 Linked to Ethena

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On-chain analyst Ai Auntie (@ai_9684xtpa) reported that wallet 0x877…4bba6 — which received 3.75 billion ENA from the Ethena team last year — recently moved 5 million ENA to Binance, a tranche valued at roughly $4.1 million.

Blockchain data indicates total inflows of 39 million ENA to Binance since August 29, representing approximately $26.74 million at an average deposit price of $0.6857, with individual deposit prices ranging from $0.64 to $0.82.

These verified on-chain transfers offer transparent metrics for assessing exchange balances and market liquidity; analysts can incorporate these confirmed figures into quantitative evaluations without attributing motive.

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Source: https://en.coinotag.com/breakingnews/ena-deposit-surge-39m-ena-sent-to-binance-5m-ena-4-1m-from-0x877-4bba6-linked-to-ethena/