Suspected Ethena team wallet withdraws ENA worth more than $68 million from CEX

PANews October 4 news, according to on-chain data monitoring, a wallet suspected to be related to the Ethena team has cumulatively withdrawn ENA tokens worth $68.26 million from centralized exchanges (CEX), including about $13.1 million worth of ENA withdrawn from Bybit about 2 hours ago, and $55.16 million worth of ENA withdrawn from Coinbase.

In addition, the Ethena project team posted a string of transaction hashes on the X platform 8 hours ago. The specific content has not yet been made public, triggering market speculation that major content may be announced.