According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that a certain address deposited $6.94 million worth of ENA into Binance 1 hour ago, suspected of selling.

This address pledged 41.95 million USDe to Ethena and received 4.35 million ENA airdrops in Season 1, which were worth $7 million at the time; due to ranking in the top 2,000 in Season 2, it is still being unlocked on a weekly basis.