Wu Blockchain reports that, according to Arkham data, between October 13, 09:54:59 and 21:26:59 (UTC+8), the address labeled as YZi Labs (0x877b…4bba6) transferred a total of approximately 47.85 million ENA tokens to Binance Deposit addresses in 40 transactions. Based on the transfer prices at the time, the total value was approximately $10.1365 million. The address still holds around 268 million ENA tokens, valued at approximately $56.22 million. YZi Labs previously participated in Ethena's $14 million extended seed round financing completed in February 2024, which valued the company at $300 million. https://(wublock123.com)/news/yzi-labs-transfer-47-85m-ena-to-binance-value-10m-70021