Suspected Ethena Labs address withdraws $7.1M in ENA from Bybit

An address suspected to belong to Ethena (ENA) Labs withdrew an additional 25 million ENA, worth $7.05 million, from Bybit approximately 15 minutes ago, according to Onchain Lens. The address, which begins with 0x631e, now holds 779.89 million ENA valued at $270 million.