Suspected Blockchain Capital address sold 766,000 ENS in the last 3 months, achieving a profit of $8.20 million
According to on-chain analyst Ember Monitor, one institution (most likely Blockchain Capital) hoarded ENS at a low point, and then sold 766,000 ENS ($17.71 million) in the last 3 months after the ENS price hit a high in December, realizing a gain of $8.20 million.
They hoarded 1.306 million ENS ($16.23 million) from Binance in 2023 through 4 addresses, with an average price of $12.4.
At the end of 2024, the price of ENS broke through 40 US dollars, and then began to transfer out ENS one after another. At present, a total of 766,000 ENS (17.71 million US dollars) have been transferred out, and the average price has been transferred out of 23.1 US dollars. Realized income 8.20 million dollars.
These ENS entered exchanges such as OKX/Bybit/Gate through 0xC4D... 611 addresses.
They currently hold 540,000 ENS (8.85 million USD).