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Whale Nets $968k Profit as ENS Pumps 55%

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By on November 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Whale Nets $968k Profit as ENS Pumps 55% appeared first on Coinpedia Fintech News

ENS surged 55% today, and a long-term holder seized the moment, ending five months of dormancy to deposit 50k $ENS worth $1.66M to Binance, locking in a $968k profit. This whale accumulated 322,739 $ENS in 2022 at an average price of ~$13.86. Since January 2024, they’ve offloaded 272,739 $ENS at ~$20.75, now holding 50k $ENS. Their estimated total profit is $2.9M, a staggering return of +65%, demonstrating strategic positioning during the token’s latest rally.

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