Wallets possibly linked to the Ethena team withdrew ENA tokens worth $68.26 million from centralized exchanges, including $13.1 million from Bybit and $55.16 million from Coinbase. On October 4, Ethena posted several transaction hashes on X, though the details of these transactions were not disclosed. This large movement of tokens may indicate strategic repositioning or preparation for future developments by Ethena. Investors should watch for further updates or announcements from the team.
ENA tokens valued at $68.26 million were withdrawn from Bybit and Coinbase, providing a significant context for readers following this story. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 04, 2026 15:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 43 rose and 6 fell today. Notable movers include DOT at Rp21.227 with a 3.54% increase and a Pluang order activity of 60% Sell / 40% Buy, YFI at Rp48.280.220 with a 3.54% increase and 82% Sell / 18% Buy order activity, and SNX at Rp4.640 with a 3.32% increase and 0% Sell / 100% Buy order activity. Typical hold times on Pluang range from 70 to 121 days for these assets.
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