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Two wallets linked to Ethena Labs deposited 29.87 million ENAs into Binance, equivalent to $11.52 million

According to Spot On Chain, two wallets associated with Ethena Labs deposited 29.87 million ENAs (11.52 million USD) to Binance in the past hour at around $0.386. Notably, both wallets received an ENA from Ethena Labs' multi-signature wallet on July 20, 2024, when the price was $0.487. Currently, one of the wallets still holds 53.60 million ENAs (worth $20.20 million).