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August 28, 2025BitcoinSistemi logoBitcoinSistemi

Developers Allegedly Dumped This Altcoin: Transferred a Large Amount of Tokens to Binance

A multi-signature (multi-sig) wallet linked to Ethena, which had not made any transactions for approximately 400 days, showed significant activity ￰0￱ to on-chain data, 15 million ENA tokens were sent from the wallet to the cryptocurrency exchange ￰1￱ transfer had a market value of approximately $9.64 ￰2￱ wallet's overall balance is striking: 360 million ENA tokens, or approximately $237.6 million, are still held at this ￰3￱ transaction was conducted on the Ethereum network, and only very small ETH movements had been observed ￰4￱ News: FED Member Cook, Fired by Trump, Files Lawsuit Against the Decision - So What Happens Now? This move, coming after a long period of inactivity, has sparked speculation within the community, with some suggesting that developers are looking to capitalize on the recent surge in ENA's ￰5￱ News: FED Member Cook, Fired by Trump, Files Lawsuit Against the Decision - So What Happens Now?

ENA, one of the popular altcoins of recent months, is trading 56% lower than its all-time high price record of $1.52, set a year ￰6￱ are claims that Ethena could be the new TerraUSD of the market because it promises high stablecoin returns, but in the event of its collapse, it may not have a similar impact to the approximately $90 billion Terra ecosystem. *This is not investment ￰7￱ Reading: Developers Allegedly Dumped This Altcoin: Transferred a Large Amount of Tokens to Binance

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