ENS Coin (ENS) and 4 Key Tokens to Watch: Major Exchange Movements Alert!

<ul>
  <li>The cryptocurrency market is experiencing significant activity today.</li>
  <li>Whales are making large investments, and Brantly Millegan, the former Operations Director of Ethereum Name Services (ENS coin), has conducted a substantial ENS sale.</li>
  <li>These movements could impact the market and the price of ENS.</li>
</ul>
<p><strong>Discover the latest movements by crypto whales and the potential market impact of Brantly Millegan's ENS coin sales.</strong></p>
<h2><strong>Crypto Whales Make Significant Moves</strong></h2>
<p>Crypto whales, known for holding large amounts of cryptocurrency and having the potential to influence the market, have been particularly active in the last 24 hours. Generally, whales tend to follow market trends and invest in cryptocurrencies they believe will appreciate in value. Some notable whale activities observed recently include:</p>
<ul>
  <li><strong>Large ENA Withdrawal:</strong> A whale withdrew 7.03 million ENA (approximately $5.98 million) from Pendle and deposited it into Binance. The whale's wallet also holds $18.28 million in ezETH PT and $370,000 in pufETH PT, bringing the total wallet value to $40.78 million.</li>
  <li><strong>Amber Group's CEX Investment:</strong> Amber Group deposited $2.25 million worth of DYDX and BLUR into centralized exchanges within the last three hours. Specifically, 500,000 DYDX were deposited into Binance, and 3 million BLUR were deposited into Coinbase.</li>
  <li><strong>Large LINK and ETH Holdings:</strong> A whale withdrew 74,000 LINK (approximately $1.23 million) from Kraken 14 hours ago and accumulated 1,502 ETH (approximately $5.61 million). Over the past three days, the whale has collected 210,000 LINK at an average price of $16.7 and 3,101 ETH at an average price of $3,692.</li>
</ul>
<h3><strong>Potential Impact on ENS Coin</strong></h3>
<p>Brantly Millegan, the former Operations Director of Ethereum Name Services (ENS), has begun selling a significant amount of ENS. According to on-chain analysis platform Spot On Chain, Millegan transferred 92,535 ENS to Coinbase on May 22 at an average price of $21.34. This sale, along with his previous sales, has contributed to a decline in the price of ENS.</p>
<p>Since January, Millegan has sent 291,305 ENS to Coinbase, earning $6.53 million. He still holds 373,000 ENS (approximately $7.97 million) in his timelock wallet. According to CoinGecko, ENS has seen a 53% increase in value over the past week, currently trading at $21.96, driven by the Ethereum ETF news. Whale movements and the sales by the ENS Operations Director could cause fluctuations in the cryptocurrency market. Investors should monitor these activities and plan their investments accordingly.</p>
<h3><strong>Conclusion</strong></h3>
<p>The recent activities of crypto whales and the significant ENS sales by Brantly Millegan highlight the dynamic nature of the cryptocurrency market. These movements can lead to market volatility, and investors must stay informed and adapt their strategies accordingly. As always, keeping an eye on whale activities and market trends is crucial for making informed investment decisions.</p>
Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Solana Dominates Monthly NFT Transactions, Surpassing Bitcoin and Ethereum

Solana's monthly NFT transactions significantly...

Toncoin (TON) Price Poised for Breakout Amid Market Uncertainty in 2024

Cryptocurrency investors initially witnessed a strong beginning...

BNB’s Future in Question as CZ Dominates Ownership Amid Legal Woes

Changpeng Zhao (CZ), the former CEO of...

Bitcoin Price Teeters at $66K Amid Weak Market Sentiment and Investor Sell-Offs

The cryptocurrency market is undergoing significant fluctuations,...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Ethereum Price Analysis: Regulatory Delays and Market Sentiment Intensify Decline

The recent volatility in Bitcoin’s price has...

Discover the Future of Decentralized Trading: In-Depth Analysis of GNS Coin on Gains Network

Gains Network (GNS) is a decentralized trading...

Dogecoin Price Analysis: Potential Trend Reversal and Future Projections

Dogecoin's value has experienced a substantial decline...

BONK Price Analysis: Bullish Reversal Imminent as Key Support Level Holds

Amid fluctuating market conditions, BONK is displaying...
Crypto Vira
Crypto Virahttps://coinotag.com/
Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.
spot_imgspot_imgspot_imgspot_img

Solana Dominates Monthly NFT Transactions, Surpassing Bitcoin and Ethereum

Solana's monthly NFT transactions significantly outpaced those of Bitcoin and Ethereum. The weekly sales volume of Ethereum...

Toncoin (TON) Price Poised for Breakout Amid Market Uncertainty in 2024

Cryptocurrency investors initially witnessed a strong beginning to 2024, though challenges have emerged in subsequent months. While new entrants are displeased...

BNB’s Future in Question as CZ Dominates Ownership Amid Legal Woes

Changpeng Zhao (CZ), the former CEO of Binance, has been sentenced to four months in prison for violating anti-money laundering regulations. ...