Ethena Labs transfers 23.3 million ENA tokens to FalconX, suspected of selling

According to Deep Tide TechFlow, on December 19, on-chain analytics platform Onchain Lens monitored that Ethena Labs transferred 23.3 million ENA tokens, worth approximately $4.74 million, to the trading platform FalconX, suspected to be for selling purposes.

This wallet still holds 123.4 million ENA tokens, valued at about $25 million. The transfer took place 9 hours ago.