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X account @ai_9684xtpa stated that Address 0x93c…3C6B9 deposited into Bybit 11640000 tokens ENA, worth approximately 2850000 USD, with the funds reportedly originating from an Ethena Proxy...
Address 0x93c…3C6B9 months later again deposited into #1 after an interval of Bybit deposited 2850000 USD $ENA（11640000 tokens), sourced from an Ethena Proxy address. This was the largest deposit by value in nearly 1 years; purpose unknown
Wallet address https://t.co/y5gRkmOQKv
Address 0x93c…3C6B9 months later again deposited into #1 after an interval of Bybit deposited 2850000 USD $ENA（11640000 tokens), sourced from an Ethena Proxy address. This was the largest deposit by value in nearly 1 years; purpose unknown
Wallet address https://t.co/y5gRkmOQKv
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The following is analysis, separate from reported facts. Verify important claims independently.
ENA: If the deposit is confirmed, tokens entering an exchange generally imply an increase in potentially sellable supply, but the purpose is unknown and this alone cannot confirm a sale.
Subject of interest:ENA. Observation period: short term
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