# Address Deposits $2.85 Million Worth of Ethena (ENA) to Bybit After One-Month Gap

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30057
Published: 2026-10-12T05:24:12.000Z
Updated: 2026-10-12T05:24:12.000Z
Section: Investing

> The transfer involved 11.64 million ENA tokens from an Ethena Proxy address. Its purpose was unknown.

An unidentified address deposited 11.64 million Ethena (ENA) tokens worth $2.85 million to Bybit at 1:21 a.m. ET (05:21 UTC) Monday, marking another such transfer after about one month.

The tokens came from an Ethena Proxy address. The deposit was the address’s largest in nearly a year.

The purpose of the transfer was unknown.