Ethereum inflows to Binance have climbed to approximately $33.3 billion over the past 30 days, marking the highest reading since last November. The increase comesEthereum inflows to Binance have climbed to approximately $33.3 billion over the past 30 days, marking the highest reading since last November. The increase comes

Ethereum Inflows to Binance Hit $33.3B as Price Tests $1,955

2026/02/23 08:21
3 min read

Ethereum inflows to Binance have climbed to approximately $33.3 billion over the past 30 days, marking the highest reading since last November.

The increase comes as Ethereum trades near $1,955, following a gradual price decline in recent weeks that has left the market structurally sensitive.

The scale of these deposits shifts attention away from short-term price fluctuations and toward exchange-side liquidity dynamics. When inflows expand at this pace, the question becomes whether the additional supply will translate into selling pressure or simply reflect repositioning activity.

Exchange Liquidity Expands as Activity Builds

According to data shared by CryptoQuant, the latest 30-day cumulative inflow figure to Binance represents the strongest level since November. That comparison matters because prior periods of elevated exchange inflows often coincided with increased derivatives usage and higher spot turnover.

Mechanically, rising inflows increase the amount of Ethereum readily available on centralized venues. This expands optionality for market participants. Tokens deposited on exchanges can be sold into spot demand, deployed as derivatives collateral, or shifted between trading strategies as volatility evolves.

The presence of higher balances does not automatically imply immediate selling. It does, however, reduce supply friction and increase the market’s capacity to move quickly if directional conviction strengthens.

Distribution or Strategic Repositioning?

Historically, elevated exchange inflows have preceded both downside expansions and consolidation phases. Context determines interpretation.

In some cycles, rising deposits signal distribution, especially when price is weakening and momentum remains soft. In others, inflows reflect strategic repositioning ahead of volatility, particularly when traders prepare collateral for derivatives exposure.

At $1,955, Ethereum sits at a level shaped by weeks of controlled decline rather than abrupt capitulation. That distinction is important. If additional exchange supply is absorbed without accelerating downside momentum, the structure could transition toward stabilization. Conversely, if the market struggles to absorb these flows, the expanded exchange balance may amplify selling pressure.

Smart Money Buys the Dip as 1,000+ BTC Whales Accumulate

A Market Entering a Decision Phase

Recording the highest inflow level since last November places Ethereum in a transitional phase rather than confirming a directional outcome. The structural focus now shifts to absorption.

If demand proves capable of matching the additional liquidity, price action may compress before the next decisive move. If not, the elevated exchange inventory could act as a catalyst for renewed volatility.

For now, the data highlights increased exchange-side availability at a time when price remains near $1,955. Whether this liquidity becomes pressure or simply repositioning will define the next structural development.

The post Ethereum Inflows to Binance Hit $33.3B as Price Tests $1,955 appeared first on ETHNews.

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0009078
$0.0009078$0.0009078
+6.59%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.