An Ethena-linked address transferred 128.6 million ENA tokens, valued at about $24.33 million, to Binance. This transfer may be related to replacing tokens lost in a recent security breach where 217.5 million ENA were stolen. Analysts suggest Binance might be acquiring ENA over the counter to address a shortfall in its proof of reserves. The exact purpose and nature of the transaction remain unconfirmed, but similar transfers have occurred before involving Ethena, its foundation, and institutional investors.
The Ethena-linked token transfer is the subject, with Pluang market data providing context. For readers following major cryptocurrencies, 35 out of 50 rose and 14 fell today. Notable movers include EOS at Rp12.649 (+8.13%), Bitcoin Cash at Rp5.347.919 (+7.76%, 100% buy activity), and Curve DAO Token at Rp5.178 (-7.40%). This data is as of Oct 31, 2026 07:21 WIB.
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