Analysis: Ethena transferred 128.6 million ENA to Binance, possibly related to Binance's replenishment of stolen assets
According to on-chain analyst Yu Jin's monitoring, Ethena deposited 128.6 million ENA into Binance in the past 2 hours, worth approximately 24.33 million USD.
EmberCN speculates that Binance is currently buying back stolen assets through both on-exchange and off-exchange transactions to fill the asset gap in the Proof of Reserves (PoR), and this transfer may be related to Binance's off-exchange purchase of ENA from Ethena.
Previously, a total of 217.5 million ENA was stolen in the attack on Binance, and the specific nature of the transactions has not yet been confirmed.