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Coinbase Receives 100 Million Ethena Tokens From Anchorage-Linked Wallet

The 100 million ENA movement took place over two days and was valued at about $15.29 million.

Updated 1 min read
A transfer diagram traces Ethena tokens from an Anchorage-linked wallet to a Coinbase exchange wallet. / TokenPost.ai
A transfer diagram traces Ethena tokens from an Anchorage-linked wallet to a Coinbase exchange wallet. / TokenPost.ai

A Coinbase deposit of 100 million Ethena (ENA) came from a wallet associated with Anchorage Digital, with the movement spanning two days and valued at about $15.29 million.

Its listed holdings also included Morpho (MORPHO), valued at about $12.75 million, and Sky (SKY), at roughly $7.74 million.

The same wallet had received 2.5 million USD Coin (USDC) from an address identified as Anchorage Digital roughly eight months earlier.

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