# Strobe Ventures Sent 101.95 Million ENA to Coinbase in One Day

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/54984
Published: 2026-11-12T05:44:38.000Z
Updated: 2026-11-12T05:44:38.000Z
Section: Investing

> The transfer was valued at about $15.6 million. The fund’s full 142.9 million ENA allocation was sold for about $32.95 million.

Strobe Ventures sent 101.95 million ENA to Coinbase in one day, completing its full exit and putting a sizable exchange flow on traders’ radar.

The total included a final 50 million ENA deposit roughly an hour before the Nov. 11 update. The one-day Coinbase transfers were worth about $15.6 million. Strobe Ventures acquired 142.9 million ENA through investment and sold the entire allocation for about $32.95 million.

The proceeds imply an average sale price of about $0.23 per ENA across the full 142.9 million-token position. The 101.95 million tokens sent that day were about 71% of the investment-acquired amount. The figures cover different scopes: $32.95 million represents proceeds from the full allocation, while $15.6 million is the estimated value of that day’s Coinbase transfers. The full allocation exceeded the one-day transfer by 40.95 million ENA.