A suspected YZi Labs address deposited approximately $10 million worth of ENA into Binance.

PANews October 14 news, according to Arkham monitoring data, an address marked as suspected to be YZi Labs deposited approximately $10 million worth of ENA into Binance. The address currently still holds about 268 million ENA (approximately $56.22 million). It is reported that YZi Labs previously participated in Ethena's $14 million extended seed funding round completed in February 2024.