Ethereum Net Inflow to Binance Reaches 24,500 ETH, Highest Since July, Possibly Indicating Selling Pressure

According to CryptoOnchain monitoring, the inflow of Ethereum to Binance has increased, with the net inflow reaching 24,500 ETH, marking the highest level since July. This positive net inflow indicates that more Ethereum is flowing into exchanges. Currently, Ethereum's price is consolidating around $2,980, and the increase in exchange supply may limit short-term upside potential. Historical data shows that similar increases in fund inflows often coincide with higher volatility or downward trends.