Odaily Planet Daily reported that according to monitoring by on-chain analyst Yu Jin, after Ethena released an announcement on July 21 that StablecoinX would make ENA reserves, an Ethena project party-related address began to transfer out ENA. A total of 150 million ENA (worth 77.35 million US dollars) entered Binance and Bybit in the 5 days since the announcement, and the most recent transfer to the exchange was 2 hours ago.