1 day ago

Ethereum Exchange Inflows on Binance Signal Distribution Phase as TD Sequential Flashes Sell Alert

TLDR: Binance ETH reserves surged from 3.36M to 3.84M between May 5 and May 10, signaling heavy exchange inflows. ETH has ranged between $2,200 and $2,400 for nearly a month, with rallies failing to sustain upside momentum. On-chain Exchange Inflow Mean data confirms large ETH transfers to Binance, pointing to an active distribution phase. A [...]

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Source: Blockonomi →