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      Ethena Team Wallet Withdraws Over $68 Million in ENA Tokens from Centralized Exchanges

      On-chain data monitoring has revealed that wallets suspected to be associated with the Ethena project team have withdrawn approximately $68.26 million worth of ENA tokens from various centralized exchanges (CEX). This includes a significant withdrawal of around $13.1 million from Bybit and $55.16 million from Coinbase, both occurring within a short timeframe.

      The Ethena project team shared a series of transaction hashes on the X platform eight hours prior to the withdrawals, although specific details regarding these transactions have not been disclosed. This lack of information has led to increased speculation in the market about potential forthcoming announcements from the team.

      The substantial movement of funds has raised eyebrows among investors and analysts, who are closely monitoring the situation for any updates that could impact the value and perception of the ENA token.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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