Ethereum reclaims $2,700 but exchange deposits build under the rally
- —ETH climbed back above $2,700 after buyers stepped in near the $2,310 realized price
- —US spot Ether ETFs took in $143.8 million Friday and $147 million Monday
- —Exchange deposits have outpaced withdrawals in recent days, a potential sell-pressure signal
- —ETH liquidations hit $181.02 million in 24 hours, with $143.2 million in shorts
Why it matters: Conflicting signals: ETF inflows support the rebound, but rising exchange deposits and fading perp demand could cap a break above $2,786.
Source: Invezz