200,000 ENS ($4.46M) Transferred From ENS Timelock to Binance and Galaxy Digital — EmberCN Reports

COINOTAG reported on September 5 that, according to EmberCN monitoring, 200,000 ENS tokens (approximately $4.46 million) were moved from the protocol’s timelock contract to addresses linked to Binance and Galaxy Digital, with the transfers observed roughly two hours before the report.

The on-chain transfer increases the balance of ENS tokens held by exchange and institutional wallets, a datapoint market participants monitor when assessing liquidity and exchange-held supply dynamics; observers should follow subsequent blockchain activity and any official communications from ENS, Binance, or Galaxy Digital for further clarity.