According to PANews, The Data Nerd has reported that within the past 24 hours, five whale addresses have transferred over 10 million ENA from CEX to Ethena Labs for staking.

The specific details are as follows: The address starting with 0x536 transferred 1.5 million ENA, valued at approximately 1.78 million USD. The address starting with 0xbB2 transferred 1.49 million ENA, with an estimated value of 1.87 million USD. The address beginning with 0x7f2 transferred 800,000 ENA, worth around 1 million USD.

The address starting with 0x656 transferred 1.18 million ENA, valued at approximately 1.65 million USD. Lastly, the address beginning with 0x886 transferred 5.58 million ENA, with an estimated value of 8.14 million USD.

These transfers indicate a significant movement of ENA tokens to Ethena Labs, a notable event in the cryptocurrency market.