6 days ago

Ethereum Exchange Inflows Surge as ETH Holds Consolidation Range

TLDR: Three major ETH inflows hit Binance between May 6–9, totaling over 439,000 ETH worth roughly $1 billion. Each large inflow event occurred during a price correction, pointing to reactive selling rather than planned exits. Binance ETH reserves climbed to 3.62 million ETH, accounting for 24.6% of all exchange-held Ethereum. Rising reserves and repeated inflow [...]

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Source: Blockonomi →