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The price of Ethereum Name Service (ENS) tokens has surged by 114% over the past week, rising from $20 to over $40. This increase has prompted some institutions to sell their holdings. Notably, Blockchain Capital transferred 52,800 ENS tokens, valued at approximately $2.25 million, to Bybit, marking their first sale after acquiring 645,800 ENS at $16 during 2022-2023. Recent sales of ENS in the last 24 hours include wallet.eth for $426,200, anon.eth for $92,100, and guild.eth for $31,300, indicating a trend of increasing prices in the market.

