#50,000 ENS transferred to Binance#

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Hot Topic Overview

Overview

Recently, an address associated with ENS transferred 50,000 ENS (approximately $1.91 million) to Binance, attracting market attention. This address received 339,000 ENS from ENS cold wallets between 2022 and 2023, and has transferred 250,000 ENS to Binance over the past year, with an average transfer price of $22.8, worth $5.69 million. This latest transfer of 50,000 ENS to Binance is another large-scale transfer from this address in the past year, and its motivation remains unclear, but it has sparked market speculation about the future trend of ENS.

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Analysis

Recently, an address associated with ENS transferred 50,000 ENS (approximately $1.91 million) to Binance 5 hours ago. This address received 339,000 ENS from ENS cold wallets between 2022 and 2023, and has transferred 250,000 ENS to Binance over the past year, with an average transfer price of $22.8, worth $5.69 million. This event has attracted market attention, with some analysts suggesting it could be a signal of large-scale ENS selling, while others believe it is simply normal capital flow. The specific reason for the address transferring out ENS is currently unclear, but this event will undoubtedly have some impact on the price trend of ENS.

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Classic Views

A large ENS address transferred 50,000 ENS to Binance, worth approximately $1.91 million.

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This address has transferred 250,000 ENS to Binance over the past year, with an average transfer price of $22.8, worth $5.69 million.

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This address received 339,000 ENS from an ENS cold wallet between 2022 and 2023.

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This transfer to Binance may indicate that the whale is cautious about the future price of ENS.

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