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Ethena transfers 128.6 million ENA to Binance, possibly related to Binance replenishing stolen assets.

BlockBeats news, October 31 - According to EmberCN monitoring, in the past 2 hours, Ethena deposited 128.6 million ENA to Binance, valued at approximately $24.33 million.


EmberCN speculates that Binance is currently buying back stolen assets through on-exchange and off-exchange transactions to cover the asset shortfall in its Proof of Reserves (PoR). This transfer may be related to Binance's off-exchange purchase of ENA from Ethena. Previously, a total of 217.5 million ENA were stolen in the Binance attack incident, and the specific nature of the transaction has not yet been confirmed.

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