Summary
- An address related to Etena Labs reportedly additionally withdrew 25,000,000 ENA from Bybit.
- The address's ENA holdings total 779,890,000, valued at about $207.7 million.
- The market is paying attention to short-term circulating supply changes and the possibility of Etena Labs' strategic use.
An address related to Etena Labs was shown to have withdrawn a large amount of Etena (ENA).
According to Onchain Lens on the 8th, an address related to Etena Labs additionally withdrew 25,000,000 ENA from Bybit this morning. The withdrawal amounted to about $7.05 million.
The address is currently holding a total of 779,890,000 ENA. This amounts to about $207.7 million, and is evaluated as the largest share among the project's main addresses. The market is watching for possible short-term circulating supply changes as well as whether Etena Labs will strategically utilize them in the future.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
