Whale Realizes $968K Profit as ENS Token Surges by 55%
A cryptocurrency whale recently secured a remarkable profit of $968K from the Ethereum Name Service (ENS) token, which surged by 55% in a single day. This whale, a longtime holder of ENS, had been inactive for months but saw an opportunity and swiftly made a move. By depositing 50,000 ENS tokens to Binance, valued at $1.66 million, the whale capitalized on the price increase. This action reflects the strategy often employed by major investors in the cryptocurrency market. The ENS token’s rising popularity may suggest positive trends ahead. Keeping a close watch on this type of market behavior could benefit investors looking to navigate cryptocurrency trading.
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