Ethena Wallet Moves 5 Million ENA to Binance

A significant move by the Ethena wallet has boosted the liquidity of Ethereum Native Token (ENA) on Binance, impacting both market dynamics and investor sentiment. On September 5th, 2025, the wallet transferred a hefty 5 million ENA tokens, totaling approximately $3.27 million to Binance. This action is seen as strategic investment by key players in the crypto space, highlighting an increasing focus on enhancing liquidity and visibility for ENA across various trading platforms.