PANews reported on November 30th that according to on-chain analyst Yu Jin, the price of ENS has risen by 114% in the past week, from $20 to $40. Some institutions have also begun selling some of their profitable ENS.
Blockchain Capital transferred 52,800 ENS ($2.25M) into CEX two hours ago. They had accumulated 645,800 ENS at a price of $16 between 2022 and 2023, and today is their first sale.