According to Onchain Lens, Ethena received 46.79 million ENA (12.78 million USD) from Bybit, with 21.79 million ENA (5.23 million USD) traced to a wallet that withdrew from Coinbase about 3.5 months ago, based on Nansen data. Onchain Lens added that the source wallet now holds 451.94 million ENA valued at 121.79 million USD at address 0x631ee55b8ecd7afb53ec30211a082691a4cbe3ae, per Nansen. Calculated from figures reported by Onchain Lens citing Nansen, the 21.79 million ENA represents roughly 4.8 percent of that wallet’s current ENA balance.