TechFlow reports, according to AI Aunt's monitoring, that ENS project team members or investors are suspected of selling off ENS tokens.
An address starting with 0x1b9 received a total of 403,000 tokens (worth $5.3 million) from the project’s cold wallet over the past year. Five hours ago, 21,000 tokens were deposited into Binance, and all tokens have now gradually flowed into exchanges.
Following Vitalik's mention of ENS, the token price has surged by 59% over the past seven days.
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