The ENS token market has been making waves recently! According to the monitoring of on-chain analyst Ember, the price of ENS tokens has soared 114% in the past week, jumping from $20 to more than $40 📈. This rise has attracted the attention of institutional investors, who have begun to gradually sell to realize profits.
Blockchain Capital first transferred 52,800 ENS (worth $2.25 million) to Bybit 2 hours ago. It is worth noting that they hoarded 645,800 ENS at a price of $16 between 2022 and 2023.
In addition, an address that received 180,000 ENS from an ENS cold wallet in April also transferred 50,000 ENS (worth $2.13 million) to Binance 3 hours ago. Market dynamics deserve continued attention!