Since September 3, a cumulative total of $6.75 million in ENA has been transferred, with two addresses linked to the Ethena project team suspected of full liquidation

Odaily News: According to monitoring by on-chain analyst Ai Yi, two wallets suspected to be associated with the Ethena project team (0x2993...7383, 0x969f...16aF) have cumulatively transferred $6.75 million worth of ENA to exchanges since September 3. In the past 15 hours, they deposited 19 million ENA, approximately $3.29 million, into Bybit. Both addresses received tokens from an Ethena multi-signature address two years ago and had not moved them since. Following the recent price increase, they have begun batch deposits.