Ethereum Supply on Binance Hits Lowest Level Since May – Long-Term Accumulation?
Ethereum Supply on Binance Hits Lowest Level Since May – Long-Term Accumulation?
Ethereum (ETH) has demonstrated renewed strength, recovering above the $3,500 mark after a period of market volatility. A key indicator of this bullish sentiment is the supply of ETH on Binance reaching its lowest level since May, suggesting a significant trend of long-term accumulation among investors and a positive shift in market sentiment.
Ethereum has regained the $3,500 level after a volatile week marked by heavy selling pressure and uncertainty across the crypto market. Bulls, who briefly lost control as ETH dipped below key support levels, are showing renewed strength as liquidity surges and sentiment begins to shift. Related Reading: Old Bitcoin Whales Exit, New Whales Enter — […]