Midnight(NIGHT)
$0.09
+38.12%
Internet Computer(ICP)
$3.18
+7.45%
GameBuild(GAME)
+
Act I : The AI Prophecy(ACT)
$0.19
-2.48%
VeThor Token(VTHO)
$0.00
-2.41%
API3(API3)
$3.93
-1.81%
WOO(WOO)
$0.55
-6.79%
BORA(BORA)
$0.25
+2.73%
Merlin Chain(MERL)
$0.43
+12.60%
Aleo(ALEO)
+
Folks Finance(FOLKS)
$21.02
-15.96%
Mira(MIRA)
$1.86
+35.10%
Swarms(SWARMS)
$0.07
+61.45%
Access Protocol(ACS)
$0.00
+1.69%
Uniswap(UNI)
$6.34
+10.02%
SushiSwap(SUSHI)
$1.98
-4.09%
Midnight(NIGHT)
$0.09
+38.12%
Internet Computer(ICP)
$3.18
+7.45%
GameBuild(GAME)
+
Act I : The AI Prophecy(ACT)
$0.19
-2.48%
VeThor Token(VTHO)
$0.00
-2.41%
API3(API3)
$3.93
-1.81%
WOO(WOO)
$0.55
-6.79%
BORA(BORA)
$0.25
+2.73%
Merlin Chain(MERL)
$0.43
+12.60%
Aleo(ALEO)
+
Folks Finance(FOLKS)
$21.02
-15.96%
Mira(MIRA)
$1.86
+35.10%
Swarms(SWARMS)
$0.07
+61.45%
Access Protocol(ACS)
$0.00
+1.69%
Uniswap(UNI)
$6.34
+10.02%
SushiSwap(SUSHI)
$1.98
-4.09%
Massive Ethereum Inflow To Binance Collides With Bullish ETH/BTC Reversal Structure
By
Coin Edition
12 days ago
ETH
BULLISH
READ
RVL
CIN
- On-chain data recorded a 162,084 Ethereum inflow into Binance, the largest single day positive exchange netflow since May 2023
- Crypto analyst Egrag Crypto said that the ETH/BTC pair is in the early stages of a major multiyear bullish reversal
- The analyst pointed out several patterns, with the first one being that the long-term curved support is holding
CryptoQuant reported that on December 5, on-chain data recorded a 162,084 Ethereum inflow into Binance, the largest single day positive exchange netflow since May 2023. At the time, ETH was trading near $3,021.
This is notable because a large positive exchange netflow generally means more Ethereum is being sent to exchanges than withdrawn, which is commonly viewed as a bearish or cautionary signal, a potential sign of investors preparing to sell, and even as a trigger for short-term volatility.
Meanwhile, crypto a…
Read The Full Article Massive Ethereum Inflow To Binance Collides With Bullish ETH/BTC Reversal Structure On Coin Edition.
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