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"Blackchain Capital, Ethereum Name Service (ENS) deposits to Bybit... Scale of 2.25 million dollars"

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Son Min
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  • Some institutional investors have reportedly started trading Ethereum Name Service (ENS).
  • Blackchain Capital has deposited 52,800 ENS into Bybit, according to reports.
  • This is the first time the address has traded such a volume, and it is noted for its potential impact on the market.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

It was reported that some institutional investors have started trading Ethereum Name Service (ENS). On the 29th (local time), a comprehensive analysis indicated that Upbit stated, "ENS has risen by 114% over the past week," and "some institutional investors are beginning to trade." Furthermore, "Two hours ago, Blackchain Capital deposited 52,800 ENS (2.25 million dollars) into Bybit," and "this is the first time the address has traded such a volume." Meanwhile, Blackchain Capital's address has accumulated 645,800 ENS from 2022 to 2023.

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit