On-chain analyst Ai Auntie (@ai_9684xtpa) reported that wallet 0x877…4bba6 — which received 3.75 billion ENA from the Ethena team last year — recently moved 5 million ENA to Binance, a tranche valued at roughly $4.1 million.

Blockchain data indicates total inflows of 39 million ENA to Binance since August 29, representing approximately $26.74 million at an average deposit price of $0.6857, with individual deposit prices ranging from $0.64 to $0.82.

These verified on-chain transfers offer transparent metrics for assessing exchange balances and market liquidity; analysts can incorporate these confirmed figures into quantitative evaluations without attributing motive.