CryptoQuant: Ethereum inflows to Binance fall to one-year low
- —ETH inflows to Binance fell to $0–9M from $40–85M previously
- —Transfer activity also declined for LINK, AAVE and UNI
- —ETH ETFs saw $388.9M in outflows over five days, then $14.9M inflow
- —ETH trades near $2,500, up 2% on the day
Why it matters: Fewer coins on exchanges supports prices, but a durable trend reversal needs ETF and spot demand to recover.
Source: Blockmedia