According to Odaily Planet Daily, according to The Data Nerd, a multi-signature wallet (possibly belonging to a whale or institution, or related to Bybit) withdrew 10 million ENA (about 4.4 million US dollars) from Bybit 17 hours ago and pledged it to Ethena. Currently, the wallet has pledged 83.83 million ENA (about 37.39 million US dollars) on Ethena.