The ENS (Ethereum Name Service) has proven itself a success. At the rate tokens are being locked up, if it has now surpassed the rate that mining inflates, then we are seeing the first truly popular deflationary spiral. This is the opposite of inflation where instead of increasing the supply such as with Proof of Work in Bitcoin, or even with Steem, we now could be seeing in Ethereum a decreasing supply from day to day. Each big token lock up like this takes many more tokens off the exchanges and off the market and 188,889 is a hell of a lot of tokens. ENS might be the best reason to hold onto ETH as it's making it harder for holders to want to sell while also providing a utility.
References
Web: