According to on-chain analyst @ai_9684xtpa's monitoring, nine hours ago, the ENS Token Time Lock contract address deposited 70,599 ENS tokens into Coinbase, worth 2.92 million dollars, suspected to be a sell-off.

Affected by the rise in ETH and altcoin market trends, ENS has surged by 76% in the past seven days, currently priced at 40.88 dollars.