Suspected Ethena-affiliated address increased its ENA holdings by 46.79 million, bringing the total holdings to over 450 million ENA.

By: theblockbeats.news|2025/12/03 00:49:56

BlockBeats News, December 3rd, according to OnchainLens monitoring, a whale suspected to be associated with Ethena Labs recently received 46.79 million ENA from Bybit, worth approximately $12.78 million at the current price. Among them, 21.79 million ENA (approximately $5.23 million) was from funds withdrawn by the entity from Coinbase three and a half months ago. Currently, the whale holds a total of approximately 451.94 million ENA, with a estimated market value of around $121.8 million.

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