Blockchain Capital transferred 52,800 ENS into Bybit, the first time the institution reduced its holdings of ENS.

On November 30th, according to Ember monitoring, the price of ENS tokens rose 114% strongly in the past week, climbing from $20 to more than $40, and institutional investors began to cash in profits. Blockchain Capital transferred 52,800 ENS (about 2.25 million dollars) to Bybit 2 hours ago.
The agency bought 645,800 ENS at an average price of $16 between 2022 and 2023, the first time it reduced its holdings. Meanwhile, another address that received 180,000 ENS from ENS Cold Wallet in April transferred 50,000 ENS (about $2.13 million) to Binance three hours ago.