ExchangeDEX+
Buy CryptoMarketsSpotFutures500XEarnEvents
More
Gold Bar & BTC Giveaway2000g
The post Aave Founder Stani Kulechov Sells $2.38M Ethena Tokens appeared on BitcoinEthereumNews.com. Key Points: Stani Kulechov’s 4 million ENA transfer to Galaxy Digital. Token sale valued at $2.38 million on September 27. Transfer from Ethena wallet indicates institutional involvement. Stani Kulechov, Aave founder, transferred 4 million ENA tokens (valued at $2.38 million) to Galaxy Digital, an institutional platform, following their unlock from an Ethena-owned wallet six hours ago. This token transfer highlights potential institutional liquidity actions, reflecting common strategies for large-scale investors after token unlocks, which may influence Ethena’s market dynamics and investor perceptions. Stani Kulechov Transfers $2.38M ENA to Galaxy Digital Stani Kulechov, founder of Aave and investor in Ethena, has reportedly moved 4 million ENA tokens to digital asset platform Galaxy Digital. The transfer aligns with past patterns of founder or investor token unlocks, which often signal increased liquidity and potential market impacts. This action reflects a movement towards institutional-grade custody or market-making strategies. Galaxy Digital’s involvement emphasizes institutional interest in Ethena’s ENA tokens. Token transfer from a linked Ethena wallet suggests potential broader market distribution or trading actions. This large sale of ENA tokens shifts former long-term holdings into potentially tradable assets, underlining changes in market dynamics. “Very nice overview of the Aave V4 feature… Interestingly, the Reinvestment Module wasn’t part of our original design a couple of years ago when we laid down the protocol architecture. It actually emerged later as an unexpected, but exciting, last-minute addition.” – Stani Kulechov, Founder, Aave Amidst ongoing speculation, Stani Kulechov has not formally commented on the transaction. Community speculation on forums and social media persists, though no official response has emerged from Aave or Ethena regarding the institutional significance of this transfer. ENA’s Market Response to Institutional Engagement Did you know? Following founder token unlocks, DeFi tokens like UniSwap’s UNI often experience price volatility and liquidity changes. The ENA activity signals… The post Aave Founder Stani Kulechov Sells $2.38M Ethena Tokens appeared on BitcoinEthereumNews.com. Key Points: Stani Kulechov’s 4 million ENA transfer to Galaxy Digital. Token sale valued at $2.38 million on September 27. Transfer from Ethena wallet indicates institutional involvement. Stani Kulechov, Aave founder, transferred 4 million ENA tokens (valued at $2.38 million) to Galaxy Digital, an institutional platform, following their unlock from an Ethena-owned wallet six hours ago. This token transfer highlights potential institutional liquidity actions, reflecting common strategies for large-scale investors after token unlocks, which may influence Ethena’s market dynamics and investor perceptions. Stani Kulechov Transfers $2.38M ENA to Galaxy Digital Stani Kulechov, founder of Aave and investor in Ethena, has reportedly moved 4 million ENA tokens to digital asset platform Galaxy Digital. The transfer aligns with past patterns of founder or investor token unlocks, which often signal increased liquidity and potential market impacts. This action reflects a movement towards institutional-grade custody or market-making strategies. Galaxy Digital’s involvement emphasizes institutional interest in Ethena’s ENA tokens. Token transfer from a linked Ethena wallet suggests potential broader market distribution or trading actions. This large sale of ENA tokens shifts former long-term holdings into potentially tradable assets, underlining changes in market dynamics. “Very nice overview of the Aave V4 feature… Interestingly, the Reinvestment Module wasn’t part of our original design a couple of years ago when we laid down the protocol architecture. It actually emerged later as an unexpected, but exciting, last-minute addition.” – Stani Kulechov, Founder, Aave Amidst ongoing speculation, Stani Kulechov has not formally commented on the transaction. Community speculation on forums and social media persists, though no official response has emerged from Aave or Ethena regarding the institutional significance of this transfer. ENA’s Market Response to Institutional Engagement Did you know? Following founder token unlocks, DeFi tokens like UniSwap’s UNI often experience price volatility and liquidity changes. The ENA activity signals…

Aave Founder Stani Kulechov Sells $2.38M Ethena Tokens

By: BitcoinEthereumNews
2025/09/27 08:59
AaveToken
AAVE$193.08+2.07%
COM
COM$0.005658-7.12%
Ethena
ENA$0.2771+6.08%
TokenFi
TOKEN$0.003947+4.33%
Ambire Wallet
WALLET$0.02246+2.83%
Key Points:
  • Stani Kulechov’s 4 million ENA transfer to Galaxy Digital.
  • Token sale valued at $2.38 million on September 27.
  • Transfer from Ethena wallet indicates institutional involvement.

Stani Kulechov, Aave founder, transferred 4 million ENA tokens (valued at $2.38 million) to Galaxy Digital, an institutional platform, following their unlock from an Ethena-owned wallet six hours ago.

This token transfer highlights potential institutional liquidity actions, reflecting common strategies for large-scale investors after token unlocks, which may influence Ethena’s market dynamics and investor perceptions.

Stani Kulechov Transfers $2.38M ENA to Galaxy Digital

Stani Kulechov, founder of Aave and investor in Ethena, has reportedly moved 4 million ENA tokens to digital asset platform Galaxy Digital. The transfer aligns with past patterns of founder or investor token unlocks, which often signal increased liquidity and potential market impacts. This action reflects a movement towards institutional-grade custody or market-making strategies.

Galaxy Digital’s involvement emphasizes institutional interest in Ethena’s ENA tokens. Token transfer from a linked Ethena wallet suggests potential broader market distribution or trading actions. This large sale of ENA tokens shifts former long-term holdings into potentially tradable assets, underlining changes in market dynamics.

Amidst ongoing speculation, Stani Kulechov has not formally commented on the transaction. Community speculation on forums and social media persists, though no official response has emerged from Aave or Ethena regarding the institutional significance of this transfer.

ENA’s Market Response to Institutional Engagement

Did you know? Following founder token unlocks, DeFi tokens like UniSwap’s UNI often experience price volatility and liquidity changes. The ENA activity signals potential similar short-term adjustments.

Ethena’s ENA token is currently valued at $0.60. With a market cap of $4.11 billion and a 24-hour trading volume of $336.55 million, the token shows a recent 3.75% price increase, yet a 11.01% decrease over seven days. Data from CoinMarketCap indicates further fluctuations may occur.

Ethena(ENA), daily chart, screenshot on CoinMarketCap at 00:55 UTC on September 27, 2025. Source: CoinMarketCap

The Coincu research team suggests that institutional engagement, such as Galaxy Digital’s involvement, could lead to increased ENA liquidity and secure trading systems. Market responses typically depend on token-specific dynamics and broader investor sentiment.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/news/aave-founder-sells-ethena-tokens/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wilma now a low-pressure area, to drench Palawan, Western Visayas

Wilma now a low-pressure area, to drench Palawan, Western Visayas

Tropical Cyclone Wilma, which has weakened into a low-pressure area (LPA), is likely to bring thunderstorms to Palawan and Western Visayas, according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) on Monday.  The former storm Wilma was last located 265 kilometers south of Cuyo, Palawan, according to PAGASA’s 10:00 a.m. advisory.  In its earlier 4:00 a.m. […]
Nowchain
NOW$0.00104-5.45%
Areon Network
AREA$0.00623+11.05%
Storm Trade
STORM$0.00824+0.85%
Share
Bworldonline2025/12/08 12:37
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Chainbase
C$0.08023+4.16%
DAR Open Network
D$0.01554+0.25%
Threshold
T$0.01102--%
Share
BitcoinEthereumNews2025/09/18 00:27
The Future of Secure Messaging: Why Decentralization Matters

The Future of Secure Messaging: Why Decentralization Matters

The post The Future of Secure Messaging: Why Decentralization Matters appeared on BitcoinEthereumNews.com. From encrypted chats to decentralized messaging Encrypted messengers are having a second wave. Apps like WhatsApp, iMessage and Signal made end-to-end encryption (E2EE) a default expectation. But most still hinge on phone numbers, centralized servers and a lot of metadata, such as who you talk to, when, from which IP and on which device. That is what Vitalik Buterin is aiming at in his recent X post and donation. He argues the next steps for secure messaging are permissionless account creation with no phone numbers or Know Your Customer (KYC) and much stronger metadata privacy. In that context he highlighted Session and SimpleX and sent 128 Ether (ETH) to each to keep pushing in that direction. Session is a good case study because it tries to combine E2E encryption with decentralization. There is no central message server, traffic is routed through onion paths, and user IDs are keys instead of phone numbers. Did you know? Forty-three percent of people who use public WiFi report experiencing a data breach, with man-in-the-middle attacks and packet sniffing against unencrypted traffic among the most common causes. How Session stores your messages Session is built around public key identities. When you sign up, the app generates a keypair locally and derives a Session ID from it with no phone number or email required. Messages travel through a network of service nodes using onion routing so that no single node can see both the sender and the recipient. (You can see your message’s node path in the settings.) For asynchronous delivery when you are offline, messages are stored in small groups of nodes called “swarms.” Each Session ID is mapped to a specific swarm, and your messages are stored there encrypted until your client fetches them. Historically, messages had a default time-to-live of about two weeks…
FUTURECOIN
FUTURE$0.1139+0.71%
WHY
WHY$0.00000001977+0.45%
MetaDOS
SECOND$0.0000047--%
Share
BitcoinEthereumNews2025/12/08 14:40

Trending News

More

Wilma now a low-pressure area, to drench Palawan, Western Visayas

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The Future of Secure Messaging: Why Decentralization Matters

Grayscale Files Sui Trust as 21Shares Launches First SUI ETF Amid Rising Demand

WPA Hash Launches Christmas Special Program: Global Users Can Experience High-Yield Cloud Mining at Zero Cost

Quick Reads

More

Cryptocurrency Market Intelligence: Following the Smart Money

Solana Futures Markets Experience Significant Institutional Interest Surge

The Sui Network Ecosystem: Growth and Development

Key Cryptocurrency Market Indicators for MEXC Traders

Mastering Technical Analysis for Bitcoin Trading on MEXC

Crypto Prices

mc_price_img_alt

Ethereum

ETH

$3,129.83
$3,129.83$3,129.83

+3.40%

mc_price_img_alt

Bitcoin

BTC

$91,526.50
$91,526.50$91,526.50

+2.20%

mc_price_img_alt

Solana

SOL

$135.66
$135.66$135.66

+2.73%

mc_price_img_alt

XRP

XRP

$2.0843
$2.0843$2.0843

+1.54%

mc_price_img_alt

DOGE

DOGE

$0.14199
$0.14199$0.14199

+1.92%