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ENA Tokens Valued at $68.26 Million Withdrawn From Bybit and Coinbase

The withdrawals included about $13.1 million in ENA from Bybit and $55.16 million from Coinbase. Ethena posted transaction hashes on X on Oct. 4.

Metal tokens rest beside sealed envelopes on a stone counter / TokenPost.ai
Metal tokens rest beside sealed envelopes on a stone counter / TokenPost.ai

Wallets possibly linked to the Ethena team withdrew ENA tokens valued at $68.26 million from centralized exchanges, including Bybit and Coinbase.

The Bybit withdrawal was valued at about $13.1 million, while the Coinbase withdrawal was valued at $55.16 million.

Ethena also posted a series of transaction hashes on X on Oct. 4. The hashes’ specific content was not disclosed.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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