According to @jessepollak on Twitter, users can now follow an easy, streamlined process to renew their basename on the Ethereum Name Service, as detailed in the shared link (source: @jessepollak, Twitter, June 6, 2025). This upgrade is expected to enhance user experience and reduce friction in managing ENS identities, which may increase on-chain activity and drive up demand for ENS tokens. Traders should monitor ENS-related trading pairs as improved renewal flow could boost transaction volumes and spark renewed interest in ENS-driven DeFi and NFT projects (source: @jessepollak, Twitter, June 6, 2025).

According to Ai 姨 (@ai_9684xtpa), a new wallet address (0x876...03D3E) withdrew 123,000 ENS tokens, valued at $2.82 million, from Bithumb within the last hour. This marks one of the largest on-chain ENS transactions recently. ENS has surged 4.89% in the past 24 hours to $22.92 (source: Twitter, @ai_9684xtpa). The significant movement of ENS tokens may indicate increased whale activity and could impact short-term liquidity and trading volumes on major exchanges. Traders should monitor ENS for potential volatility and liquidity shifts, as large transfers often precede increased market activity.