Ethena hosted wallet transfers 246 million ENAs to Coinbase Prime, worth approximately $196 million
Source: ForesightNews
Time: 2025-09-11 09:37:11
According to Ember Monitoring, Ethena custodial wallets have transferred 246 million ENAs to Coinbase Prime in the past eight hours, worth about $196 million. The purpose of this transfer is unclear and may involve sales, liquidity management or ENA treasury OTC transactions.