Suspected Blockchain Capital Address Sells 766,000 ENS in the Last 3 Months, Realizing $8.2 Million in Profits

BlockBeats News, March 14th, according to on-chain analyst Yujin Monitoring, an institution (most likely Blockchain Capital) accumulated ENS at the low point, and then after the ENS price hit a high in December last year, sold 766,000 ENS (17.71 million US dollars) in the last 3 months, realizing a profit of 8.2 million US dollars.

· They accumulated 1,306,000 ENS (16.23 million US dollars) from Binance in 2023 through 4 addresses, at an average price of $12.4.

· After the ENS price broke through $40 by the end of 2024, they began to gradually transfer out ENS. Currently, a total of 766,000 ENS (17.71 million US dollars) have been transferred out at an average price of $23.1. Realized profit of 8.2 million US dollars.

· These ENS were sent to OKX/Bybit/Gate and other exchanges through the address 0xC4D...611.

· Currently, they still hold 540,000 ENS (8.85 million US dollars).