Extreme selling on Binance. Price is still holding. The ETH Taker Buy/Sell Ratio on Binance just dropped to 0.81 — one of the most extreme sell-side readings on the chart. At that level, aggressive sell volume was roughly 23% higher than aggressive buy volume. Yet ETH is trading near $2.5K instead of breaking down in proportion to the imbalance. That divergence matters. When aggressive selling this heavy fails to push price lower, it usually means passive demand is absorbing the flow. If the ratio starts normalizing while price holds, it points toward seller exhaustion rather than ongoing distribution. The on-chain picture supports the same idea. $ETH has reclaimed the realized price of every major balance cohort shown, including the densest cost-basis cluster around $2.26K–$2.35K. Every group on the chart is now sitting in unrealized profit. That does not prove these holders are buying more. It does show that demand has been strong enough to lift price above their aggregate cost bases. Holding this zone would turn those levels into potential structural support and reinforce the absorption thesis. The bearish alternative is straightforward: if ETH loses the $2.26K–$2.35K area while the taker ratio stays deeply below 1 and open interest keeps expanding, the imbalance starts looking less like capitulation and more like fresh selling pressure. For now, the data shows heavy aggressive selling being met with enough demand to keep price elevated. That is the more constructive reading — as long as the cost-basis cluster holds. #BTC Price Analysis# #Meme Alpha#