Galaxy Digital claimed 2.34 million ENA from Ethena six hours ago and then deposited all of them into Binance
According to on-chain analyst @ai_9684xtpa, Ethena's first airdrop to the top 2000 token holders will lock 50% of the tokens, with the remaining portion gradually unlocking over 6 months. The first month's airdrop was unlocked on May 2nd. Six hours ago, Galaxy Digital claimed 2.34 million ENA tokens from Ethena, worth $1.99 million, and then deposited them all into Binance. The ENA coin price has fallen 19% from its highest point.
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