Crypto VC firm Strobe Fund has completed the full liquidation of its Ethena (ENA) holdings, transferring its final 50 million tokens worth approximately $7.54 million to Coinbase on November 11. Over the past day alone, the fund moved a total of 101.95 million ENA valued at roughly $15.6 million to the exchange. Strobe Fund originally received an allocation of 142.9 million ENA through an investment made approximately two years ago. The entire position was sold for a combined total of about $32.95 million, representing an average exit price of approximately $0.23 per token.