Citing ChainThink, on December 19, Ethena Labs transferred 23.3 million ENA tokens (approximately $4.74 million) to FalconX, likely for sale. The wallet still holds 123.4 million ENA, valued at around $25 million.
Ethena Labs Transfers 23.3M ENA Worth $4.74M to FalconX
ChainthinkShare
Summary
Ethena Labs moved 23.3 million ENA tokens, valued at $4.74 million, to FalconX on December 19, according to ChainThink. The transfer may indicate a potential sale. The wallet still holds 123.4 million ENA, worth about $25 million. What is ENA? It is a token tied to Ethena’s crypto ecosystem. This activity shows ongoing movement in the crypto market.
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