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A whale address deposited 5 million ENA received from the Ethena multi-sig addresses into a CEX 5 hours ago.
On October 1st, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address starting with 0x325 transferred 5 million ENA to a CEX 5 hours ago, equivalent to approximately 2.84 million USD. This address received a transfer of 22.28 million Tokens (worth 12.98 million USD) from the Ethena multi-sig addresses 6 days ago and has deposited the Tokens into the platform in two transactions, suspected of dumping. It is worth noting that this address had frequent interactions with Synthetix founder Kain Warwick two years ago, but its vesting cannot be confirmed.