Suspected Blockchain Capital address sold 766000 ENS in the past 3 months, achieving a profit of $8.2 million
律动BlockBeats|Mar 14, 2025 02:38
According to BlockBeats news, on March 14th, according to on chain analyst Yu Jin's monitoring, an institution (likely Blockchain Capital) hoarded ENS at a low point, and then sold 766000 ENS ($17.71 million) in the past three months after ENS prices hit a high point in December last year, achieving a profit of $8.2 million.
·They hoarded 1.306 million ENS ($16.23 million) from Binance through 4 addresses in 2023, with an average price of $12.4· After the ENS price exceeded $40 by the end of 2024, ENS began to be gradually transferred out. At present, a total of 766000 ENS (17.71 million US dollars) have been transferred out, with an average transfer price of 23.1 US dollars. Achieved a revenue of 8.2 million US dollars· These ENS through 0xC4D The 611 address has entered trading platforms such as OKX/Bybit/Gate· At present, they still hold 540000 ENS (8.85 million US dollars).
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