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by: xpoolPosted on: November 26, 2025

Ethena Labs Withdraws $88 Million in ENA Tokens, Spark Market Uncertainty

Ethena Labs’ recent withdrawal of over $88 million worth of ENA tokens has caused a stir in the crypto market. The company transferred these tokens from Coinbase Prime and Bybit to private wallets without explanation, raising concerns about potential market impact. Despite this significant movement, Ethena Labs has remained silent on the matter.

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