Binance’s ETH reserves have fallen to levels last seen five years ago.
According to CryptoQuant data, Binance’s ETH reserves are around 2.9 million, the lowest since 2021, with net flows negative over an extended period.
Many people see this and immediately say, “Withdrawals and accumulation = bullish.”
Experienced traders see it as just a signal: selling pressure has eased, but the order book is thinner too, so moves in either direction could be more dramatic.
Don’t treat a single metric as a buy signal.
#ETH #链上数据 #Binance
$ETH
Not investment advice
According to CryptoQuant data, Binance’s ETH reserves are around 2.9 million, the lowest since 2021, with net flows negative over an extended period.
Many people see this and immediately say, “Withdrawals and accumulation = bullish.”
Experienced traders see it as just a signal: selling pressure has eased, but the order book is thinner too, so moves in either direction could be more dramatic.
Don’t treat a single metric as a buy signal.
#ETH #链上数据 #Binance
$ETH
Not investment advice
