Ethereum Name Service (ENS) has seen a remarkable price rally over the past week, surging by 114% from $20 to over $40. This sharp increase has attracted the attention of institutions, some of which have started to sell portions of their holdings to capitalize on the gains. Blockchain Capital, a notable institutional investor, transferred 52,800 ENS tokens worth $2.25 million to Bybit just two hours ago. The firm had previously accumulated a total of 645,800 ENS at an average price of $16 between 2022 and 2023, making this their first recorded sale. Similarly, another prominent ENS holder, which received 180,000
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