According to CoinMeta, monitoring indicates that two addresses suspected of being associated with the ethena project have topped up Bybit with 19 million ENA in the past 15 hours, worth approximately $3.29 million. Since September 3rd, these addresses have transferred a total of about $6.75 million in ENA to the exchange. Both addresses received tokens transferred from a multi-signature address of ethena two years ago and have not made any transfers since then. However, they have recently started to make bulk top-ups after the price of ENA soared.