Ethena Labs Wallet Withdraws 25 Million ENA, Bringing Total ENA Withdrawn to 405.15 Million From Bybit and Coinbase Prime

ETH

ETH/USDT

$1,909.00

-0.63%

$1,909.00

-0.63%

(24s)

24h Volume

$13,331,828,747.21

24h H/L

$1,935.68 / $1,872.00

Change: $63.68 (3.40%)

Long/Short

63.7%

Long: 63.7%Short: 36.3%

Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,905.75

▼ -0.86%

Volume (24h): -

Resistance Levels

Resistance 3$2,063.38

Resistance 2$1,981.24

Resistance 1$1,934.26

Price$1,905.75

Support 1$1,869.00

Support 2$1,739.15

Support 3$1,610.34

Pivot (PP):$1,902.93

Trend:Sideways

RSI (14):56.3

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Since November 7, the same wallet has withdrawn a cumulative 405.15 million ENA (about USD 96.8 million) from Bybit and Coinbase Prime.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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