Ethena-linked address deposits $2.68M in AAVE to exchanges

An address believed to belong to the Ethena team deposited 17,900 AAVE, worth approximately $2.68 million, to Binance and Bybit about seven hours ago, The Data Nerd reported. The funds were part of a larger withdrawal of 26,800 AAVE, valued at around $4.03 million, from the same address.