The price of ENS has risen by 114% from $20 to $40+ in the past week, and some institutions have begun to sell some of their profitable ENS:

1. Blockchain Capital transferred 52,800 ENS ($2.25M) to Bybit 2 hours ago. They hoarded 645,800 ENS at $16 between 2022 and 2023, and today is the first sale;

Address: 0x60Ac32d416507c844b43E29B2e12DD23f5277420

2. The address that received 180,000 ENS from ENS Cold Wallet in April transferred 50,000 ENS ($2.13M) to Binance 3 hours ago.

Address: 0xd53C7655B7c017Cc0a7fD7363Dd005d7529cbB35