Blockchain Capital transferred 52,800 ENS to Bybit, marking the first time the institution reduced its ENS holdings

According to Ember's monitoring, the price of ENS tokens has risen strongly by 114% in the past week, climbing from 20 USDT to more than 40 USDT, and institutional investors have begun to cash in their profits. Blockchain Capital transferred 52,800 ENS (about 2.25 million US dollars) to Bybit 2 hours ago. The institution purchased a total of 645,800 ENS at an average price of 16 US dollars 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 US dollars) to Binance 3 hours ago.