StablecoinX-linked wallet withdraws $10M in ENA from Binance

A wallet address presumed to belong to Ethena infrastructure firm StablecoinX has withdrawn 16.4 million ENA, worth $10 million, from Binance, according to on-chain analyst EmberCN. Since Sept. 16, the same address has withdrawn 110 million USDT and subsequently pulled a total of 104 million ENA, valued at $63.75 million, from the exchange.