After a terrible outing in the first quarter of 2025, Ether Lee’s price was a strong revival for the next three months. In recent weeks, the price has been slightly slower, but “King of Altcoin” is much better than three months ago.
However, according to the latest chain revelation, Ether Lee’s recently discovered position seems to be in danger. According to recent data, ethical investors seem to move tokens from long -term storage to centralized trading platforms.
Optimistic view of ETH reserves for binance
In the Quicktake post on the Cryptoquant platform, on-chain analyst borisvest has shared the Etherrium store for the world’s largest exchange, Binance, over the last few weeks. According to Crypto Pundit, EXCHANCE now has more than 4% of ETH’s total circulation supply.
According to Cryptoquant’s data, Etherrium reserves for Binance have not been rising to this level since May 2023. In general, the flow of ET tokens to the centralized exchange usually provides trading services. Assets will be offered off or sold off to the open market.
Therefore, the recent surge in Ether Leeum’s reserves for Biny is a weak signal for the price of ETH because the sales pressure is imminent. This means that this trend can worsen the price modification of the ongoing price or cause the start of a down price movement.
Source: CryptoQuant
However, Borisvest also painted a strong picture of Etherrium price based on this warm observation. Analyst said, “Even if the ETH relocation is located ahead of potential rally and the price is increasing, the price becomes stronger, and it can indicate strong basic demand or strategic positioning of whales.”
Borisvest also stated that Ether Lee’s last rising to Ether Lee’s level fell from $ 1,900 to $ 1,600 when Ether Lee rose to this level. But following this simple price modification, a clear and sudden assembly was overturned.
In addition, the heated analyst also pointed out that since the Binance reserves began to rise, ETH prices did not witness major falls. Ultimately, Borisvest urged investors to warn because the recent exchange movement could cause the next movement of Etherrium prices.
At a glance, Etherrium price
At the time of this article, ETH tokens are about $ 2,516, reflecting a 0.4%price increase over the last 24 hours.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Istock’s main image, TradingView chart
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