
Spot On Chain|Mar 06, 2025 03:57
In the past 18 hours, @ethena_labs' multi-sig transferred 94.16M ENA (33.7M) to 33 addresses, likely part of this week's 2.07B ENA unlock (741M, 39.17% of circ. supply).
So far, 59.3M ENA (21.08M) has been sold on DEXs or sent to #Binance at an average price of 0.355.
Notable recipients:
• OKX Ventures (@OKX_Ventures) – 17.87M ENA
• Curve’s founder, Michael Egorov (@newmichwill) – 2.8M ENA
• Both have deposited all their ENA to Binance.
The multi-sig still holds 1.22B ENA (433M) and may continue distributing soon.
Follow @spotonchain and track the distribution via https://platform.spotonchain.ai/en/profile?address=0x54b8c65f0635fd91c8729dd3269c630d9aed54e5
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