On July 27, the Ethena Foundation announced that its subsidiary repurchased 83 million $ENA on the open market through a third-party market maker from July 22 to July 25.
It is worth noting that, according to EmberCN monitoring, after Ethena released the StablecoinX plan on July 21 to conduct $ENA treasury reserves, an Ethena project-related address began to transfer ENA. A total of 150.00 million $ENA ($77.35 million USD) entered Binance and Bybit in the 5 days from the announcement to yesterday. [BlockBeats]
On July 27, the Ethena Foundation announced that its subsidiary repurchased 83 million ENA on the open market through a third-party market maker from July 22 to July 25.
It is worth noting that, according to EmberCN monitoring, after Ethena released the StablecoinX plan on July 21 to conduct ENA treasury reserves, an Ethena project-related address began to transfer ENA. A total of 150.00 million ENA ($77.35 million USD) entered Binance and Bybit in the 5 days from the announcement to yesterday. [BlockBeats]