The wallet is Ethereum address 0x877b…bba6, labeled by Arkham as YZi Labs (Binance Labs Fund). At the 13 October balance check it held about 268.15 million ENA, valued at roughly $57.12 million. Arkham’s wallet record

EthenaOct 13, 2026, 14:23 UTC

On 13 October it sent about 47.86 million ENA, worth roughly $10.14 million at the cited valuation, to a Binance deposit address; that address then forwarded ENA to a Binance hot wallet. Those transfers show exchange deposits, not proof that Binance executed market sales. Transfer records · report with the 47.86 million ENA tally

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Case file

Ethena

Answered Oct 13, 2026, 14:23 UTC

Sources 4

0x877b…bba6etherscan.io
Arkham’s wallet recordintel.arkm.com
Transfer recordsetherscan.io
report with the 47.86 million ENA tallyx.com

Research trace 8

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Identify the specific labeled wallet and token contract, locate independent coverage of the reported sale, and determine whether earlier findings identify relevant addresses or flows. The supplied Telegram preview only states that a wallet labeled Yzi Labs sold over $10 million of ENA; it gives no wallet address or sale transactions.
The social posts supply candidate address 0x877b…bba6 and claim 40 Binance deposits totaling about 47.86 million ENA, plus roughly 268 million ENA remaining. These reads check the attribution, flows, and current holdings against the wallet and Ethereum ENA data.
The candidate wallet is Arkham-labeled YZi Labs (Binance Labs Fund); its current balance read shows about 268.15 million ENA, while Arkham identifies a Binance deposit address and reports 52 outgoing transfers totaling about $51.3 million. I’m checking that deposit address’s ENA movements and looking for corroborating reporting to distinguish deposits from executed sales.
The wallet is labeled YZi Labs (Binance Labs Fund), and the 13 October ENA transfers reached an address Arkham labels as a Binance deposit. Its transfers show tokens moving onward to a likely Binance hot wallet, so these reads label that destination and check for further traceable ENA movements. A deposit into Binance establishes exchange inflow, not by itself a completed market sale.
Confirm the reported remaining ENA balance and sum the wallet’s transfers into the Binance deposit address. The earlier reads established the wallet label and Binance routing, but not completed execution of a sale.
The wallet label, current balance, and destination routing are established by the prior reads. No additional read is needed to answer the requested holdings and on-chain flows.