🚨🚨 Watch Out for This Altcoin: The Former Team Member Who Was Selling It From the Top is Back Again!
The former employee of Ethereum Name Services (ENS) took action to sell again.
A former ENS core team member named Brantly Millegan once again turned to Coinbase to sell. According to data provided by the on-chain analysis platform Lookonchain, Millegan transferred 92,535 ENS worth $2 million to the cryptocurrency exchange Coinbase on May 22.
This transaction, made after the rise in price, was interpreted as an obvious pre-sale preparation transfer. The former ENS employee has so far sold 753,738 ENS worth $14.14 million at an average price of $18.76. It has made 6 different sales transactions since April last year.
Millegan received 1.02 million ENS from the ENS treasury, worth a total of $22.4 million. It is thought that he may continue to sell the remaining ENS assets over time.