An address suspected to be related to Ethena withdrew another 25 million ENA tokens, bringing the total withdrawals to 405 million.

According to Lookonchain monitoring, a whale suspected to be associated with Ethena Labs withdrew another 25 million ENA tokens from Bybit approximately 3 hours ago, worth about $6 million. Since November 7th, this entity has withdrawn a total of 405.15 million ENA tokens from Bybit and Coinbase Prime, estimated at approximately $96.8 million at current prices.