Ethena Deposits 128.6 Million ENA Worth About $24.33 Million to Binance

October 31: According to on-chain analyst Yu Jin, in the past 2 hours, Ethena deposited 128.6 million ENA to Binance, worth about $24.33 million. Binance is currently buying back the stolen assets through on-exchange and OTC trading to fill the asset shortfall in its Proof of Reserves (PoR). Yu Jin speculates that this transfer may be related to Binance purchasing ENA from Ethena over the counter. The amount of ENA stolen from Binance yesterday was 217.5 million tokens.