Address Deposits 18.91 Million ENA to Binance, Worth $2.7 Million

November 12: According to monitoring by on-chain analyst Ai Yi, address 0xf5C…7a191 deposited 18.91 million ENA ($2.7 million) to Binance two hours ago, suspected of selling. The address received these tokens from the Ethena Proxy contract between February and November 2026, when the token price was $0.1772; it has now fallen to $0.1432 (a drop of over 19%). The address appears to transfer ENA to exchanges at intervals, possibly related to unlocks by the team, institutions or related parties.