[Ethena Founder: Token Transfer by a Major Investor is Not a Sell-Off, but a Security Precaution for Hardware Wallets] According to a report by Jinse Finance, on October 15, Guy Young, founder and CEO of the synthetic dollar protocol Ethena, stated that in the past 48 hours, users noticed a major investor's wallet transferring tokens. He confirmed that the transfer was a security precaution related to recent concerns about hardware wallets and not a sale of tokens after the transfer. Guy Young made this clarification on X, addressing the community's concerns about the on-chain movements of large wallets. He emphasized that the operation was a preventive measure taken for security reasons and does not indicate that the investor is selling their held tokens.