Whale Alert reported that 169,999,891 ENA were transferred from FalconX to an unknown wallet in a transaction valued at about $23.73 million. Arkham data later indicated that the receiving address may be linked to Ethena. The update points to a large on-chain movement involving ENA, though the destination wallet was initially flagged as unknown in the Whale Alert notice. No additional details about the purpose of the transfer were provided in the source material. The report was based on blockchain tracking data shared by Whale Alert and address labeling referenced from Arkham.
Whale Alert said 169,999,891 ENA, worth about $23.73 million, were transferred from FalconX to an unknown wallet.
Arkham data shows the receiving address may be linked to Ethena.
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