Ethena deposits 128.6 million ENA into Binance, possibly to cover the stolen asset shortfall
TechFlow reported that on October 31, according to on-chain analyst Yu Jin's monitoring, Ethena deposited 128.6 million ENA tokens into Binance over the past two hours, valued at approximately $24.33 million.Yu Jin speculated that this transfer may be Binance purchasing ENA via an OTC trade to cover the shortfall of 217.5 million ENA tokens stolen yesterday, thereby completing its Proof of Reserves (PoR).
TechFlow reported that on October 31, according to on-chain analyst Yu Jin's monitoring, Ethena deposited 128.6 million ENA tokens into Binance over the past two hours, valued at approximately $24.33 million.
Yu Jin speculated that this transfer may be Binance purchasing ENA via an OTC trade to cover the shortfall of 217.5 million ENA tokens stolen yesterday, thereby completing its Proof of Reserves (PoR).