According to @OnchainDataNerd, whale address 0xa31 deposited a total of 11.67M ENA valued at roughly $6.9M to Binance about three hours before the report, with activity visible from wallet 0xa312114B5795dFF9B8db50474dD57701AA78aD1E, source: @OnchainDataNerd and Arkham Intelligence address page. Traders commonly monitor large exchange inflows as a near-term indicator of potential sell-side activity and volatility in the deposited asset, source: CryptoQuant metrics documentation on exchange inflows.

According to the source, SUI Group announced the first SUI-native stablecoins, named suiUSDe and USDi, in partnership with Ethena and the Sui Foundation. The source specifies only the asset names and partners and does not provide details on minting mechanics, collateral model, yield or interest structure, launch timing, or listing plans. The source also provides no contract addresses, audits, documentation, or specifics on liquidity, base pairs, bridge support, or incentive programs, indicating that trading and integration details are not yet available via the source. Given the limited information in the source, traders should treat this as a headline announcement and await official documentation from Sui Foundation or Ethena before making execution decisions, as no further specifics are provided by the source.

According to @ai_9684xtpa, wallet 0x325c7e222E21b0dC84a1a8Bf436d3aF684C55E50 deposited 5,000,000 ENA to Binance around 5 hours ago, valued at approximately 2.84 million USD, source: @ai_9684xtpa. The same wallet received 22,280,000 ENA about 6 days ago from an Ethena multisig, worth roughly 12.98 million USD, and sent the tokens to exchanges in two deposits, which the source characterizes as likely selling, source: @ai_9684xtpa. The address reportedly had frequent interactions two years ago with Synthetix founder Kain Warwick, but ownership of the wallet remains unconfirmed, source: @ai_9684xtpa. Wallet details are available via Arkham at intel.arkm.com/explorer/address/0x325c7e222E21b0dC84a1a8Bf436d3aF684C55E50, source: @ai_9684xtpa.

According to @EmberCN, Aave founder Stani Kulechov transferred 4,000,000 ENA (about $2.38M) roughly six hours before the post to a Galaxy Digital institutional platform address, with the on-chain reference provided via Arkham Intelligence at intel.arkm.com/explorer/address/0xe705b1D26B85c9F9f91A3690079D336295F14F08, source: @EmberCN; Arkham Intelligence. @EmberCN states that Kulechov is an Ethena investor and that these ENA tokens originated from his Ethena vesting wallet unlock, source: @EmberCN. The post characterizes the move as a possible sale rather than a confirmed execution, so the only verified fact is the transfer to a Galaxy Digital–associated address as cited, source: @EmberCN; Arkham Intelligence.

According to @ai_9684xtpa, a wallet suspected to be linked to ENA’s treasury entity @stablecoin_x accumulated 19.23M ENA in the past 15 hours at an indicated purchase price around $0.614, totaling roughly $11.8M, source: @ai_9684xtpa. The ENA multisig addresses now hold a combined 88.26M ENA valued about $54M based on the reported figures, source: @ai_9684xtpa; on-chain reference: https://intel.arkm.com/explorer/address/0x9c7B3C57632aB8BED71a4dDbC950d8C009DFe7aA and https://intel.arkm.com/explorer/address/0x8e771f7bAb34a3b4491e03F22f005483E5c375f5, source: Arkham Intelligence. Traders can monitor inflows and outflows from the above multisig addresses to track whether accumulation persists or pauses, providing a real-time gauge of ENA market liquidity, source: Arkham Intelligence. The reported acquisition level near $0.614 offers a concrete on-chain reference point for price discovery and order-book benchmarking in ENA spot and perp markets, source: @ai_9684xtpa.

According to @ai_9684xtpa, Ethena moved 3.125 million ENA to a Binance deposit address roughly 20 minutes prior, worth about $2.27 million, with the purpose unspecified; source: @ai_9684xtpa on X and the referenced Arkham address 0x54B8c65f0635fD91C8729Dd3269C630d9AED54e5 (intel.arkm.com/explorer/address/0x54B8c65f0635fD91C8729Dd3269C630d9AED54e5). According to @ai_9684xtpa, the same address last sent tokens to an exchange one month ago, during which ENA appreciated 17.5%; source: @ai_9684xtpa on X.

According to @EmberCN, an Ethena project or investor address sent 5,000,000 ENA (about $3.81 million) to Binance roughly 30 minutes ago, source: @EmberCN on X (Sep 12, 2025). The same address has deposited a cumulative 44,000,000 ENA (about $30.56 million) to Binance over the last two weeks at an average transfer price of $0.69, source: @EmberCN on X. The address originally received 375,000,000 ENA from an Ethena multisig in July last year, equal to 2.5% of ENA’s total supply, source: @EmberCN on X. The wallet is 0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6, as shown on ARKM Intel, source: ARKM Intel Address Explorer. The 44,000,000 ENA sent to Binance equals about 11.7% of the wallet’s 375,000,000 ENA allocation, derived from @EmberCN and ARKM Intel.

According to Onchain Lens (@OnchainLens), the Ethena (ENA) wallet labeled 0x877 deposited 5,000,000 ENA worth approximately $3.81 million into Binance (source: Onchain Lens on X, Sep 12, 2025). According to Onchain Lens (@OnchainLens), cumulative deposits from this wallet reached 44,000,000 ENA over the past two weeks, valued at about $30.55 million, with the sender address identified as 0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6 (source: Onchain Lens on X, Sep 12, 2025). According to Onchain Lens (@OnchainLens), these on-chain inflows specifically target Binance and are relevant for traders monitoring ENA exchange-side liquidity and potential supply concentration (source: Onchain Lens on X, Sep 12, 2025).

According to @OnchainDataNerd, Arthur Hayes withdrew 579,000 ENA (about $473,000) from Binance roughly 11 hours before the post, and the tracked wallet now holds 5.024 million ENA (about $3.96 million), source: x.com/OnchainDataNerd/status/1965958306331275574. The wallet address and holdings can be verified via Arkham Intelligence at intel.arkm.com/explorer/address/0x6cd66DbdFe289ab83d7311B668ADA83A12447e21, source: intel.arkm.com/explorer/address/0x6cd66DbdFe289ab83d7311B668ADA83A12447e21.

According to @EmberCN, 246 million ENA (about $196 million) were transferred in the past 8 hours from an Ethena custody wallet to Coinbase Prime, with the source wallet listed as 0xcfc40d4ECa21F60D329F1E6b9B3D6069EaA20BBC and transactions visible on Arkham Intelligence (source: @EmberCN; Arkham Intelligence). According to @EmberCN, the post did not provide a stated purpose for the transfer, leaving only the confirmed size, timing, and destination venue for traders to assess (source: @EmberCN). According to Coinbase Institutional materials, Coinbase Prime is an institutional trading and custody platform that supports prime brokerage and OTC settlement, indicating the ENA have been positioned on an institutional venue rather than a self-custody address (source: Coinbase Institutional).

According to @ai_9684xtpa, the address 0x877b...4bba6 that received 375M ENA from the Ethena team a year ago deposited another 5M ENA worth about $4.1M to an exchange within the last two days, source: @ai_9684xtpa on X; Arkham Intelligence address page https://intel.arkm.com/explorer/address/0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6. According to @ai_9684xtpa, since Aug 29 the same wallet has cumulatively deposited 39M ENA to Binance, valued at about $26.74M, with a referenced average deposit price of $0.6857 and transaction range from $0.64 to $0.82, source: @ai_9684xtpa on X; Arkham Intelligence address page https://intel.arkm.com/explorer/address/0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6.

According to @KookCapitalLLC, the referenced Ethena USDH proposal is a signal of growing builder demand around Hyperliquid’s roadmap, which traders can treat as a directional indicator for the ecosystem. Source: @KookCapitalLLC on X, Sep 9, 2025. According to @KookCapitalLLC, multiple cutting-edge teams want exposure to Hyperliquid’s future, reinforcing a pro-growth thesis for the venue. Source: @KookCapitalLLC on X, Sep 9, 2025. According to @KookCapitalLLC, the trade idea is to buy HYPE spot and stake it, with the author stating that it is not late to enter. Source: @KookCapitalLLC on X, Sep 9, 2025.

According to @OnchainDataNerd, wallet 0x8ab deposited 2M ENA, about $1.57M, to Binance roughly one hour ago, with the address viewable at intel.arkm.com/explorer/address/0x8ab4E48Fb3AB5FeBba57b9f5b152C459B0303780, source: @OnchainDataNerd; source: Arkham. The same address received 25.31M ENA from the team six months ago and sold 20M ENA over the last two weeks at an average price near $0.70, leaving 5.31M ENA remaining, source: @OnchainDataNerd. These position changes and transfer details are taken directly from the cited wallet history, source: @OnchainDataNerd; source: Arkham.

According to @AggrNews, Ethena announced a follow-on $530M StablecoinX PIPE deal and the Ethena Foundation initiated a new $310M open-market buyback program; source: @AggrNews. According to @AggrNews, the combined size of these capital actions totals $840M, providing concrete figures for market monitoring; source: @AggrNews.

According to @OnchainDataNerd, an Ethena-linked wallet 0x878 deposited 5M ENA (about $3.27M) to Binance roughly 4 hours prior to the report and has transferred a cumulative 11M ENA (about $7.24M) to Binance over the past week. Source: @OnchainDataNerd. The same address still holds 351M ENA (about $229.48M) on-chain at the referenced Arkham Intelligence address, indicating substantial remaining holdings that traders are monitoring for subsequent exchange flows. Source: @OnchainDataNerd; Arkham Intelligence.

According to @ai_9684xtpa, wallet 0x877...4bba6 that received 375M ENA from the Ethena project a year ago deposited 5M ENA to Binance about two hours ago, worth roughly $3.27M; source: @ai_9684xtpa and Arkham Intelligence explorer. Over the past week, the same address transferred a cumulative 29M ENA to exchanges with a total value of about $18.83M and an average deposit price of $0.6493; source: @ai_9684xtpa. The referenced wallet is 0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6, viewable via intel.arkm.com/explorer/address/0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6; source: Arkham Intelligence. Traders track rising exchange inflows as added sell-side liquidity that can impact short-term depth and pricing, especially when concentrated on a single venue like Binance; source: Glassnode Academy and Binance Research.

According to @lookonchain, an address labeled Ethena wallet 0x877b deposited 5,000,000 ENA worth approximately $3.27 million to Binance again on Sep 5, 2025, indicating a fresh exchange inflow tracked in real time (source: @lookonchain on X). On-chain details for address 0x877b3D5c681C8890d19dbF450306Caa3C3D4bba6 corroborate the transfer and destination as Binance, per Arkham Intelligence explorer data (source: Arkham Intelligence).

According to @ai_9684xtpa, an address labeled as linked to Anchorage Digital (0x8ab4E48Fb3AB5FeBba57b9f5b152C459B0303780) deposited a cumulative 5,000,000 ENA to Binance over the past 17 hours, valued at approximately 3.37 million USD; source: Arkham Intelligence address page intel.arkm.com/explorer/address/0x8ab4E48Fb3AB5FeBba57b9f5b152C459B0303780 and X post https://twitter.com/ai_9684xtpa/status/1963791550934327417. The same address still holds 13.31 million ENA, roughly 8.71 million USD; source: Arkham Intelligence address page intel.arkm.com/explorer/address/0x8ab4E48Fb3AB5FeBba57b9f5b152C459B0303780 and X post https://twitter.com/ai_9684xtpa/status/1963791550934327417. The post also notes Anchorage previously partnered with Ethena to introduce the USDtb stablecoin to the U.S. market as a GENIUS Act-compliant stablecoin; source: X post https://twitter.com/ai_9684xtpa/status/1963791550934327417. Wallet address for verification: intel.arkm.com/explorer/address/0x8ab4E48Fb3AB5FeBba57b9f5b152C459B0303780; source: Arkham Intelligence.

According to @secondswap_io, Ethena opened institutional rails in August with direct access via Coinbase Institutional, CoinList’s Earn offering USDe at 12% APY, and cross-chain deployments on Aptos plus integrations across Aave, Gearbox, InfiniFi, and TON; the post also states Ethena has been aggressively building its infrastructure (source: @secondswap_io). According to @secondswap_io, these named channels and rates identify where USDe access and yield are currently available for participants, informing trading-oriented capital deployment and liquidity routing (source: @secondswap_io).

According to @secondswap_io, Ethena’s upcoming token unlock may drive short-term price swings while August results indicate sticky fundamentals supported by infrastructure-level adoption and active risk management, source: @secondswap_io. The source also notes that locked token holders can access liquidity without waiting years and can inquire directly for solutions, source: @secondswap_io.