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Ethena’s ENA Token Sees Nearly $50 Million Flow to Exchanges
Transfers within a week of an unlock included ENA linked to YZi Labs, D1 Ventures and Tron VC.

Addresses associated with ENA insiders transferred nearly $50 million worth of Ethena’s ENA token to centralized exchanges within a week of an unlock. The transfers included ENA linked to YZi Labs, D1 Ventures and Tron VC.
Ethena is a stablecoin protocol, and ENA is its token. The reported transfers totaled nearly $50 million within a week of the unlock.