Wallet tied to Ethena team deposits $14.1M in ENA to FalconX

A wallet believed to be linked to the Ethena team deposited 170 million ENA, worth about $14.09 million, to crypto trading platform FalconX an hour ago. Onchain Lens said the transfer could indicate a potential sale through an OTC deal and added the wallet had received ENA from Ethena’s Gnosis Safe multisig wallet last year. According to CoinMarketCap, ENA was trading at $0.08307, down 0.71%, at the time of writing.