A certain institutional investor that accumulated ENS at a low point sold 766,000 ENS within three months, making a profit of 8.2 million dollars
ChainCatcher news reports that, according to Ember monitoring, an institutional investor suspected to be Blockchain Capital has sold 766,000 ENS tokens in the past three months, worth approximately $17.71 million, realizing a profit of $8.2 million. As of now, the institution still holds about 540,000 ENS tokens, valued at approximately $8.85 million.The institution extracted and accumulated a total of 1.306 million ENS tokens from Binance through four different addresses in 2023, at that time worth $16.23 million, with an average purchase price of $12.4. After the ENS price broke $40 at the end of 2024, it began to gradually transfer out tokens, with the average price of the transferred portion reaching $23.1. These ENS tokens entered exchanges such as OKX, Bybit, and Gate via the address 0xC4D...611.