Ethena project party's affiliated address recharged 14 million ENAs to Bybit, suspected of clearing inventory

According to on chain analyst Ai Yi's monitoring, the Ethena project's affiliated address has recharged all 14 million ENAs into Bybit after being dormant for 2 years, suspected of clearing the warehouse. The address was valued at 6.89 million US dollars upon receipt, and currently only 2.41 million US dollars remain, a decrease of 4.48 million US dollars from the time of receipt and a decrease of over 8.735 million US dollars from the peak.