After a bleak picnic in the first quarter of 2025, the ETHEREUM price performed a strong performance in the next three months. Although its price has slowed some extent in recent weeks, the shared “King of Altcoins” is much better in a better position than it was three months ago.
However, it seems that the ETHEREUM situation that was recently found is in danger, according to the last revelation on the chain. Modern data indicates that ETH investors seem to transfer their codes away from long -term storage and instead of central trading platforms.
The budget perspective on the emerging ETH reserves on Binance
In a quick post on the Cryptoquant platform, Borisvest analyst in the series has shared that ETHEREUM reserves on Binance, the world’s largest exchange by trading, swelling over the past few weeks. According to Crypto Pundit, the Stock Exchange now has more than 4 % of the total ETH supplies.
Cryptoquant data shows that ETHEREUM reserves on Binance have not risen to this level since May 2023. The flow of distinctive symbols usually indicates the central stock exchanges – which usually provide trading services – that the assets are placed in a discharged position or sold in the open market.
Thus, the recent increase in ETHEREUM reserves on Binance is an eTH price, as it indicates an imminent of the sale of sale. This means that this trend can exacerbate continuous price correction or lead to the beginning of the decline in the movement of the descending prices.
Source: CryptoQuant
However, Borisvest also drew a bullish image of ETHEREUM price based on this note on the series. The analyst said: “If these ETH transport operations are placed before a possible march, and the price holds firmly despite increasing reserves, this may indicate strong demand or strategic locations by whales.”
Moreover, Borisvest stated that the last time the ETHEREUM reserves on Binance rose to this level, the ETH price fell from $ 1900 to about $ 1,600. However, this brief price correction is followed by a sudden sharp gathering to the upward trend.
The analyst also indicated that the price of ETH has not witnessed any major declining movement since the Binance reserves began to rise, indicating the elasticity of prices by altcoin. Ultimately, Borisvest urged investors to stay on alert because these recent exchange movements can lead to the next step for ETHEREM price.
Ethereum price at a glance
From writing these lines, the value of the distinguished code for ETH is about $ 2,516, which reflects 0.4 % price increase during the past 24 hours.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Distinctive image from Istock, tradingvief chart
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