News linked to both this project and an event.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, over the past 2 hours, Ethena (0xB805...E890936) deposited 128.6 million ENA, worth $24.33 million, into Binance. Binance is currently buying back the stolen assets through both on-exchange and off-exchange methods to complete its Proof of Reserves (PoR); this deposit may represent Binance purchasing ENA from Ethena via OTC trading to cover the stolen asset shortfall. The amount of ENA stolen from Binance yesterday was 217.5 million.
Odaily reports: According to on-chain analyst The Data Nerd, the Binance hacker has sold altcoins worth approximately $158.25 million and converted all proceeds into 70,480 ETH.The specific sell-offs include: 7.02 million UNI (approximately $39.63 million), 217.5 million ENA (approximately $33.93 million), 7.77 trillion PEPE (approximately $31.66 million), 2.57 million LINK (approximately $26.05 million), 127,953 AAVE (approximately $14.27 million), 21.85 million ONDO (approximately $6.62 million), and 17.32 million WLD (approximately $6.09 million).Currently, all of the aforementioned altcoins held by the relevant address have been fully liquidated.
Odaily News: According to Lookonchain monitoring, after the Binance attacker completed the sell-off of all 217.5 million ENA (worth approximately $33.93 million), a newly created wallet address (0xedc0) began going long on ENA.The address deposited 2 million USDC into Hyperliquid, then opened a long position of 22.78 million ENA with 3x leverage, with the position value at approximately $4.09 million.
Odaily reports: According to Lookonchain monitoring, the Binance attacker has completed the sell-off of 7 tokens including UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD, cumulatively converting to 70,480 ETH, valued at approximately $158.25 million based on current quoted prices. Among them:UNI: sold 7.02 million tokens, worth $39.63 million, at an average price of $5.65;ENA: sold 217.5 million tokens, worth $33.93 million, at an average price of $0.16;PEPE: sold 7.77 trillion tokens, worth $31.66 million, at an average price of $0.0000041;LINK: sold 2.57 million tokens, worth $26.05 million, at an average price of $10.14;AAVE: sold 127,953 tokens, worth $14.27 million, at an average price of $111.55;ONDO: sold 21.85 million tokens, worth $6.62 million, at an average price of $0.30;WLD: sold 17.32 million tokens, worth $6.09 million, at an average price of $0.35.
According to Lookonchain monitoring, the Binance hacker is currently dumping PEPE, UNI, LINK and other tokens on-chain in exchange for ETH. Lookonchain states that the hacker still holds a large amount of altcoins that may face significant selling pressure, including 217.497 million ENA (worth $39.51 million), 7.579 trillion PEPE (worth $34.41 million), 2.575 million LINK (worth $28.07 million), 128,034 AAVE (worth $15.9 million), 74.56 million ARB (worth $11.54 million), 1.938 million UNI (worth $12.62 million), 21.852 million ONDO (worth $8.52 million), 17.318 million WLD (worth $6.73 million), 714.911 million FUN (worth $6.29 million), 87.853 million ZAMA (worth $6.02 million), 3.602 million ZRO (worth $5.69 million), and 3.382 billion RSR (worth $5.02 million).
According to Whale Alert, an address tagged as "Binance Hack 2026" transferred approximately 217 million ENA (worth around $40.38 million) to an unknown wallet at 06:03 Beijing Time.
Odaily reports: Ethena Pay has announced the launch of its Earn+ feature, allowing users to deposit USD with one click and earn up to 12% yield. The feature is now available to Pro and VIP users and will roll out to all Ethena Pay users over the coming days. User deposits will flow into an Upshift vault curated by SteakhouseFi, which runs its strategy through Aave V4 on Avalanche.
Odaily reports: According to on-chain analyst Ember's monitoring, 25 minutes ago, Arthur Hayes transferred another 14 million ENA (approximately $2.73 million) to Cumberland, suspected to be for sale.Since yesterday, Arthur Hayes has cumulatively transferred tokens worth approximately $28.81 million to multiple trading platforms, involving ETH, ENA, UNI, ETHFI, AERO, PENDLE, and ZAMA. Currently, he has received a total of approximately 14.15 million USDC from the relevant trading platforms.
Odaily reports: According to Arkham monitoring, whale 0xFF1 "perfectly timed the market," selling ENA, MNT, ETH, and LDO about one hour ago that it had bought roughly 4 months earlier. The total sale amount was approximately $2.597 million, yielding a profit of about $340,000 against a purchase cost of roughly $2.257 million. Details: ENA was bought for about $433,800 and eventually sold for about $946,900, a profit of roughly $513,000; MNT was bought for about $166,700 and sold for about $138,000, a loss of about $28,700; ETH was bought for about $1.47 million and sold for about $1.29 million, a loss of about $180,000; LDO was bought for about $186,700 and sold for about $222,100, a profit of about $35,400.Arthur Hayes posted today disclosing that his investment firm Maelstrom has fully closed its positions related to ETH, ENA, UNI, and other altcoins, realizing profits, after which the crypto market crashed this evening.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, Arthur Hayes is bearish on the market outlook and has reduced positions worth $26.08 million across multiple tokens, including:8,000 ETH, at a unit price of $2,369.18, worth $19 million;14 million ENA, at a unit price of $0.191, worth $2.76 million;323,000 UNI, at a unit price of $6.85, worth $2.24 million;1.89 million ETHFI, at a unit price of $0.635, worth $1.23 million;547,000 AERO, at a unit price of $0.716, worth $400,000;120,000 PENDLE, at a unit price of $2, worth $240,000;3 million ZAMA, at a unit price of $0.0706, worth $210,000.
Odaily reports: Arthur Hayes posted on X platform that his investment firm Maelstrom has liquidated its positions in ETH, ENA, UNI, and other altcoin-related holdings, taking profits.Hayes believes that due to macroeconomic and geopolitical uncertainties, the crypto market may need to experience a downturn first before rising again. He stated that he currently plans to stay on the sidelines temporarily and wait for clearer signals from the market before considering re-entry.
according to Lookonchain monitoring, Arthur Hayes (0xaE...214D, @CryptoHayes) is selling tokens worth $22.28 million, including 6,400 ETH worth $15.2 million; 14 million ENA worth $2.76 million; 323,000 UNI worth $2.24 million; 1.89 million ETHFI worth $1.23 million; 546,609 AERO worth $398,000; 120,000 PENDLE worth $244,000; and 3 million ZAMA worth $214,000.
Odaily Report: According to Onchain Lens monitoring, Arthur Hayes (0x6cd...7e21) has transferred tokens again after a 9-day hiatus: depositing 14 million ENA worth $2.74 million to Binance, 323,000 UNI worth $2.24 million to Wintermute, and 1.89 million ETHFI worth $1.22 million to FalconX, totaling $6.2 million in transfers.
that, according to Lookonchain monitoring, a certain whale bought tokens worth approximately $7.22 million in the past 24 hours, including 378,129 LIT worth $1.4 million; 6.61 million ENA worth $1.34 million; 3 million ONDO worth $1.34 million; 1.154 million AERO worth $948,000; 241.8 ETH worth $591,000; 2,944 QNT worth $589,000; 61,252 UNI worth $443,000; 1,387 TAO worth $368,000; and 43.3 billion PEPE worth $195,000.
According to monitoring by on-chain analyst Ai Yi, three addresses that may belong to the same entity or whale redeemed 18.085 million ENA from Ethena and deposited them to Binance in the past hour, worth $3.64 million, with an average deposit price of $0.2013.
Odaily News: According to monitoring by Guy Young, over the past 48 hours, users noticed that a large investor's wallet was moving tokens. Ethena founder and CEO Guy Young stated that the transfers in question are security precautions related to recent hardware wallet concerns, and do not represent tokens being sold after transfer, nor do they indicate that the investor is dumping their holdings.
According to Arkham data, the address flagged as YZi Labs (starting with 0x877b) transferred approximately 47.8549 million ENA to Binance deposit addresses in 40 transactions on October 13, with a total transfer value of approximately $10.1365 million. Currently, the address still holds approximately 268 million ENA (worth approximately $56.22 million). Reports indicate that YZi Labs previously participated in Ethena's $14 million extended seed round, completed in February 2024, when the project was valued at $300 million.
According to on-chain analyst Ai Yi, a certain address deposited $2.85 million in ENA to Bybit again after a one-month gap, involving 11.64 million ENA tokens. The related tokens originated from an Ethena Proxy address. This deposit is the largest in nearly a year, and its purpose is unknown.
Analyst Jake Koch-Gallup posted that Ethereum's liquidity moat has not been breached, citing five reasons: first, ETH is not only a medium of exchange but also possesses reserve and collateral asset attributes; second, Ethereum still accounts for 65% of DeFi TVL, with the Layer 2 ecosystem continuing to expand, covering networks such as Base and Robinhood Chain; third, although Ethena's USDe share on Ethereum has dropped from 88% to 56%, Ethereum remains its largest network; fourth, while the stablecoin share has declined to 51%, if the overall market cap reaches $3 trillion, Ethereum capturing even 30% would see its stablecoin volume surge from the current $15.5 billion to nearly $1 trillion; fifth, Ethereum maintains over a decade of uninterrupted operation, a dominant developer ecosystem, a 36% staking rate, and continues to lead in institutional adoption and RWA activity, keeping its fundamentals firmly intact.
Binance announced that it will adjust the cross margin borrowing and withdrawal collateral ratios, unified account collateral ratios, and unified account pro tiered collateral ratios for select assets at 14:00 Beijing Time on October 9. The adjustment process is expected to take approximately 30 minutes.