Crypto Balloon

Strobe Fund’s ENA Exit: What the Report Shows—and What It Doesn’t

On November 11, 2026, BlockBeats reported, citing monitoring by EmberCN, that crypto VC Strobe Fund had transferred its final 50 million ENA—worth approximately $7.54 million—to Coinbase about an hour earlier.

According to the report, Strobe Fund transferred 101.95 million ENA, valued at roughly $15.6 million, to Coinbase over one day. BlockBeats also said the fund had sold its entire allocation of 142.9 million ENA for approximately $32.95 million, at an average price of about $0.23 per token.

The reported transfers document the scale of the exchange deposits. The brief report does not provide transaction-level evidence of how or when the sales were executed, so the sale total and average price remain attributed to BlockBeats rather than independently established by the deposit figures alone.

Original report: BlockBeats, November 11, 2026, 23:02 UTC+8