CryptoQuant: Ethereum selling pressure eases, but two bullish signals are still missing
- —ETH open interest on Binance is about $6.1 billion, roughly 5% below its 30-day average
- —Stablecoin netflow on Binance is around -$175 million
- —Coinbase Premium for ETH stands at -0.11%
- —About 36% of ETH supply is staked, but network activity and fee burn are declining
Why it matters: Ethereum's leverage has been flushed out, but without fresh stablecoin liquidity and US demand any rebound may lack staying power.
Source: Koin Bülteni