#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 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 latest transfer of 50,000 ENS to Binance is the largest transfer from this address in the past year, sparking market attention on 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, 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 transfer of 50,000 ENS to Binance is the third large-scale transfer from this address to Binance in the past year. The motivation behind this transfer remains unclear, but market speculation suggests it could be for cashing out or other operations. This event has also raised concerns about the price trend of ENS. Some analysts believe that large-scale selling could put pressure on the price 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 signal that the whale is planning to sell some of its ENS holdings.

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