PANews reported on December 20th that, according to Onchain Lens monitoring, Ethena Labs has deposited 18.36 million ENA tokens, worth $3.75 million, into Bybit. Two years ago, it withdrew 34.65 million ENA tokens (worth $28.25 million) from Gate and received an additional 3.38 million ENA tokens (worth $1.32 million) as staking rewards. Ethena Labs currently still holds 20.118 million ENA tokens (worth $4.23 million) in its liquidity pool.