Ethena Foundation: 83.00M ENA Repurchased on the Open Market

On July 27, the Ethena Foundation announced that its subsidiary had repurchased 83.00 million $ENA in the open market through a third-party market maker from July 22 to July 25.

It is worth noting that, according to EmberCN monitoring, after Ethena released the StablecoinX plan on July 21 to conduct $ENA treasury reserves, an Ethena project-related address began to transfer ENA. A total of 150.00 million $ENA ($77.35 million) entered Binance and Bybit in the 5 days from the announcement to yesterday. [BlockBeats]