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Binance buys back stolen tokens as Ethena sends $24M in ENA to exchange

Binance buys back stolen tokens as Ethena sends $24M in ENA to exchange
AI summary

Binance has begun buying back tokens lost in its $6.3 billion hack, according to onchain tracking. Separately, wallets linked to Ethena moved 128.63 million ENA, worth roughly $24 million, to the exchange early on Oct. 31. Traders will watch whether the buyback absorbs sell pressure and whether the large ENA deposit signals upcoming selling.

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