Safe Multi-sig Wallet Stakes $6.9 Million ENA on Aetrna Network Post Withdrawal from Bybit

IconCryptoNewsTerminal Staff13 Jun, 2024

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Safe Multi-sig Wallet Stakes $6.9 Million ENA on Aetrna Network Post Withdrawal from Bybit

On-chain data analytics firm, ScopeScan, reported that a Safe (SAFE) multi-sig labeled address withdrew 9.3 million ENA tokens (worth approximately $6.9 million) from the Bybit exchange and subsequently staked them on the Aetrna Network. The move highlights the growing adoption of the Aetrna Network and the increasing use of multi-sig wallets for enhanced security in the cryptocurrency space. It also demonstrates the confidence that investors have in the long-term prospects of the ENA token.