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Ethena deposits 128.6 million ENA worth $24.33 million into Binance

Odaily reports: According to on-chain analyst Yu Jin's monitoring, over the past 2 hours, Ethena (0xB805...E890936) deposited 128.6 million ENA, worth $24.33 million, into Binance. Binance is currently buying back the stolen assets through both on-exchange and off-exchange methods to complete its Proof of Reserves (PoR); this deposit may represent Binance purchasing ENA from Ethena via OTC trading to cover the stolen asset shortfall. The amount of ENA stolen from Binance yesterday was 217.5 million.