PANews reported on December 2 that according to monitoring by on-chain analyst @ai_9684xtpa, nine hours ago, the ENS Token Time Lock contract address recharged 70,599 ENS to Coinbase, worth US$2.92 million, and was suspected of being sold.

Affected by the rise of ETH and the altcoin market, ENS has skyrocketed 76% in the past seven days and is currently priced at US$40.88.