Despite suffering unrealized losses, Multisign (address: 0xc69101e2640a7183b8633ddcc4db42cc99863093) withdrew an additional 7.5 million ENA ($5.25 million) from Bybit at an average price of $0.7 within the last 12 hours. They also transferred 7 million #ENA to Ethena staking.

Notably, Multisign is currently experiencing an estimated loss of $3.31 million (-15%) from ENA transactions:

They withdrew a total of 26.83 million ENA from Bybit at an average price of $0.824 (estimated cost: $22.1 million; current value: $18.78 million) since April 22, 2024.

Among these withdrawals, 16.83 million ENA were taken from the CEX at an average price of $0.722 ($12.2 million) in the past 2 days.

Additionally, they received 1 million $ENA from wallet 0x3c9, which is linked to Ethena, on April 27, 2024.