Ethena CEO: Large Investor's Token Move Was Security Precaution, Not a Sale
- —Ethena CEO Guy Young confirmed a large investor moved tokens over 48 hours
- —The move was a precaution amid hardware wallet security concerns
- —No tokens were sold, Young said on X
Why it matters: The clarification eases market fears of selling pressure on Ethena tokens after the large wallet movement.
Source: ChainCatcher 链捕手