PANews reported on September 23rd that according to Yu Jin, an address suspected to be the ENA Treasury (StablecoinX) has been withdrawing and hoarding 73.56 million ENA tokens from exchanges since the 16th, totaling approximately $43.88 million. Funds from this address have been transferred to and from Maven 11 and Dragonfly, both investors in the ENA Treasury.PANews reported on September 23rd that according to Yu Jin, an address suspected to be the ENA Treasury (StablecoinX) has been withdrawing and hoarding 73.56 million ENA tokens from exchanges since the 16th, totaling approximately $43.88 million. Funds from this address have been transferred to and from Maven 11 and Dragonfly, both investors in the ENA Treasury.

StablecoinX, a suspected ENA treasury company, hoarded over 73 million ENA in a week.

2025/09/23 09:28

PANews reported on September 23rd that according to Yu Jin, an address suspected to be the ENA Treasury (StablecoinX) has been withdrawing and hoarding 73.56 million ENA tokens from exchanges since the 16th, totaling approximately $43.88 million. Funds from this address have been transferred to and from Maven 11 and Dragonfly, both investors in the ENA Treasury.

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.
Share Insights

You May Also Like

U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing

U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing

The post U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing appeared on BitcoinEthereumNews.com. FORT STOCKTON, TEXAS – MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and gas-producing Permian Basin, which covers a large swathe of west Texas, leading the way. Permian Basin towns of Midland and Odessa notched 2.6 and 3.5 percent unemployment respectively, according to the report touted earlier this month by Gov. Gregg Abbott. (Photo by Brandon Bell/Getty Images) Getty Images For the past two years, the United States has set oil production records. This growth is a continuance of the surge in oil production resulting from the shale boom that began earlier this century. According to data from the Energy Information Administration, U.S. oil production average 13.2 million barrels per day in 2024, up from 12.7 million in 2023 and 12.5 million in 2022. U.S. Oil Production 1860-2024. Energy Information Administration It is now clear that the U.S. is on track this year to set its third consecutive annual record for crude oil production. Year-to-date production through the week ending September 12, 2025 shows a production level of 13.44 million BPD, which is about 1.9% ahead of last year’s record pace. But beneath those headline numbers, a subtle shift is underway: growth is slowing. The slowdown becomes clear if we look at the year-over-year percentage changes over the past 20 years. Annual Oil Production Change 2006-2025 YTD. Robert Rapier There have been only two other periods in the past 20 years where U.S. oil production growth slowed for three consecutive years, but both of those instances had extenuating circumstances. The first was from 2014 through 2016, when a price war launched by OPEC triggered a collapse in oil prices and forced U.S. producers to slash drilling activity. The…
Share
BitcoinEthereumNews2025/09/18 18:35
Share