Huge $ENS WITHDRAWL , from BINANCE:
Trend Research Returns to #ENS After a Year — $5.5M Position Withdrawn from Binance

After a year-long pause, Trend Research (@Trend_Research_), associated with Lede Capital, is once again allocating to $ENS.

Just 13 hours ago, wallet 0x8b0E4a56B3bC5EcbBaff8c64B06967C25aF1F319 withdrew 203,105 ENS from Binance, valued at approximately $5.5 million.

This isn't their first rodeo with ENS — about a year ago, the same entity traded 80,000 ENS, ultimately exiting at a loss of $122,000, based on historical deposit and withdrawal prices.

Whether this renewed allocation signals a longer-term conviction or a short-term play remains to be seen — but the size suggests they’re betting on a different outcome this time around.