# Ethena Transfers $24.33 Million in ENA to Binance After Exchange Theft

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/45255
Published: 2026-10-31T00:26:32.000Z
Updated: 2026-10-31T00:26:32.000Z
Section: Technology

> Binance is buying back stolen assets to complete its proof of reserves, and the deposit may be part of that effort.

Ethena transferred 128.6 million Ethena (ENA) tokens, worth $24.33 million, to Binance, potentially as part of the exchange’s effort to replace stolen assets.

The transfer occurred in the two hours leading up to Oct. 30 at 8:21 p.m. ET (Oct. 31 at 00:21 UTC). Binance is buying back stolen assets in spot and over-the-counter (OTC) markets to complete its proof of reserves. The deposit may represent an OTC purchase of ENA from Ethena to cover part of the shortfall.

The Binance security incident involved 217.5 million ENA.