Ethena: $2.85M ENA Deposit Hits Bybit
A wallet tied to the Ethena Proxy sent 11.64 million ENA tokens worth $2.85 million to Bybit, the largest such inflow in nearly a year, per on-chain data shared by @ai_9684xtpa.
SourceAnalysis
Ethena Proxy funds moved 11.64 million $ENA worth $2.85 million into Bybit from address 0x93c4e5E6B655A1D2A88548BC2edC0E9B9213C6B9, the biggest deposit in the past twelve months with purpose still unknown.
Price sits at $0.24 inside the Bollinger band and tests upper resistance while the 50-EMA holds at $0.23 and the 200-EMA at $0.21. With RSI(14) at 67.49 and MACD showing a golden cross, the structure favors a measured pullback to the 50-EMA before any extension higher.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references