Odaily News According to on-chain analyst Ember, an institution (most likely Blockchain Capital) hoarded ENS at a low point, and then sold 766,000 ENS (worth approximately $17.71 million) in the past three months after the price of ENS hit a high in December last year, realizing a profit of $8.2 million.
Through 4 addresses, they withdrew 1.306 million ENS (worth about 16.23 million US dollars) from Binance in 2023, with an average price of 12.4 US dollars. After the price of ENS exceeded 40 US dollars at the end of 2024, they began to transfer out ENS one after another. At present, a total of 766,000 ENS (worth about 17.71 million US dollars) have been transferred out, with an average transfer price of 23.1 US dollars. The profit was 8.2 million US dollars. These ENS entered trading platforms such as OKX/Bybit/Gate through the 0xC4D...611 address. They currently hold 540,000 ENS (worth about 8.85 million US dollars).