ETH whales cut Binance inflows to 135k ETH, lowering sell pressure
Ethereum holds ~$2,150 as whale deposits to Binance ease. Latest top-10 inflows are ~135,573 ETH, well below past >1M peaks, signaling softer near-term sell pressure.
Analysts track Binance’s Exchange Inflow (Top10) to read whale moves. CryptoQuant’s Arab Chain highlights a clear downtrend in big deposits, with recent flows under key averages here.
Ethereum traded near $2,137 in the latest print. Top-10 inflows were ~135,573 ETH, well under prior spikes above 1,000,000 ETH. That aligns with a more cautious stance among large investors.
Whale inflow EMAs on Binance
- EMA 7: ~140,265 ETH
- EMA 14: ~140,853 ETH
- EMA 30: ~151,694 ETH
- EMA 50: ~158,203 ETH
- EMA 100: ~159,307 ETH
Longer EMAs sit higher than shorter ones. Past inflows were heavier. Current deposits run below most averages. That points to reduced distribution.
Short EMAs (7, 14) are converging. Near-term flows look stable. Elevated EMA 50 and 100 show the market still digesting earlier sell waves, not fully neutral yet.
Price structure remains weak. ETH broke down from $3,000–$3,300, dipped below $2,000, then bounced. Price stays under the 50/100/200‑day MAs, all sloping down. Rallies face those levels.
The $2,100–$2,200 band is a pivot. Holding above it could allow a $2,400 test. Losing it risks a retest of recent lows. Volume spikes came on sell-offs, suggesting capitulation rather than accumulation.
