Ethena Labs Wallet Withdraws 25 Million ENA, Bringing Total ENA Withdrawn to 405.15 Million From Bybit and Coinbase Prime

ETH

ETH/USDT

$1,706.10

+0.16%

$1,706.10

+0.16%

(24s)

24h Volume

$6,547,218,814.90

24h H/L

$1,718.00 / $1,679.11

Change: $38.89 (2.32%)

Long/Short

71.8%

Long: 71.8%Short: 28.2%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,707.67

▼ -0.21%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,786.65

Resistance 1$1,711.95

Price$1,707.67

Support 1$1,680.15

Support 2$1,614.13

Support 3$1,505.68

Pivot (PP):$1,710.76

Trend:Downtrend

RSI (14):38.4

COINOTAG News, on December 2, citing LookIntoChain monitoring, reported that a suspected Ethena Labs address moved 25 million ENA (roughly USD 6 million) out of Bybit three hours earlier. The transfer adds to a sequence of outbound activity from this wallet, with movements tracked by industry data providers and security researchers.

Since November 7, the same wallet has withdrawn a cumulative 405.15 million ENA (about USD 96.8 million) from Bybit and Coinbase Prime. Market observers emphasize the importance of source provenance and exchange-level data in evaluating potential market impact, while avoiding speculation about intent or future actions.

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