According to ChainCatcher, The Data Nerd monitors that a multi-signature wallet (or belonging to a whale/institution) withdrew 10 million ENA (about 4.4 million US dollars) from Bybit 17 hours ago and transferred it to Ethena for staking.

It is reported that this address has currently invested a total of 83.83 million ENA (about 37.39 million US dollars) in Ethena staking.