Blockchain Capital transferred 52.80 thousand ENS to Bybit, marking the institution's first reduction in its ENS holdings.

According to Wu Shuo, monitoring by @EmberCN shows that the price of $ENS tokens has surged by 114% over the past week, climbing from $20 to over $40, prompting institutional investors to take profits. Blockchain Capital transferred 52.80 thousand $ENS (approximately $2.25 million) to Bybit two hours ago. The institution accumulated 645.80 thousand $ENS at an average price of $16 from 2022 to 2023, marking its first reduction. Meanwhile, another address that received 180 thousand $ENS from the $ENS Cold Wallet in April transferred 50 thousand $ENS (approximately $213 million) to Binance three hours ago.