On November 30, according to Ember's monitoring, the price of ENS tokens rose strongly by 114% in the past week, climbing from $20 to more than $40, and institutional investors began to cash in their profits.

Blockchain Capital transferred 52,800 ENS (about $2.25 million) to Bybit 2 hours ago. The institution purchased a total of 645,800 ENS at an average price of $16 between 2022 and 2023, which was its first reduction.

At the same time, another address that obtained 180,000 ENS from ENS Cold Wallet in April transferred 50,000 ENS (about $2.13 million) to Binance 3 hours ago.