COINOTAG News reported on November 29 that, according to Onchain Lens, an Ethena Labsaddress moved 25 million ENAtokens, valued at roughly $7.05 million, in a withdrawal from Bybitsix hours earlier.

The wallet now holds 3.5515 billion ENA, equating to about $100.13 million in market value, signaling ongoing liquidity movement and comprehensive asset tracking across major venues.

ena token - Ethena Labs Withdraws 25 Million ENA Worth $7.05M From Bybit as ENA Wallet Reaches $100.13M

Market participants should monitor live blockchain analytics for continued crypto liquidityshifts in ENA, as institutions rebalance exposure on centralized exchanges and related ecosystems.

ena token - Ethena Labs Withdraws 25 Million ENA Worth $7.05M From Bybit as ENA Wallet Reaches $100.13M

Source: https://en.coinotag.com/breakingnews/ethena-labs-withdraws-25-million-ena-worth-7-05m-from-bybit-as-ena-wallet-reaches-100-13m