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Strobe Fund Liquidates Entire 142.9 Million ENA Holdings, Cashing Out About $32.95 Million

Nov 11, 23:24

November 11: According to on-chain analyst Yu Jin, crypto VC Strobe Fund (@strobefund) transferred its final 50 million ENA (about $7.54 million) to Coinbase one hour ago, completing its full liquidation. Over the past day, the firm transferred a total of 101.95 million ENA, worth about $15.6 million, to Coinbase. Strobe Fund received an allocation of 142.9 million ENA through an investment about two years ago and has now sold the entire position for a total of about $32.95 million, at an average price of about $0.23.