Blockchain Capital transferred 52,800 ENS to Bybit 2 hours ago, marking the institution's first sale

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the price of ENS tokens has surged by 114% in the past week, jumping from $20 to over $40, and institutional investors have begun to gradually sell to realize profits.

Blockchain Capital transferred 52,800 ENS (worth $2.25 million) to Bybit 2 hours ago, marking the institution's first sale. It is reported that they accumulated 645,800 ENS at a price of $16 between 2022 and 2023.

Additionally, an address that received 180,000 ENS from the ENS Cold Wallet in April transferred 50,000 ENS (worth $2.13 million) to Binance 3 hours ago.