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Researchers note steady decline in ETH reserves on Binance
Over the past week, Ethereum reserves on Binance have dropped by more than 10%. The number of ETH coins fell from 4.97 million to 4.48 million. According to experts, this decrease indicates rising demand for the asset, as users prefer to withdraw funds from the exchange. Many investors are moving tokens to personal wallets or using them in the DeFi sector to earn yield.
Researchers note that such movements usually signal growing interest in ether and expectations of further price strengthening. While internal fund reallocations within Binance may also have played a role, the consistent decline in reserves points to a sustainable trend. Analysts are confident this is a positive signal for the market, showing that traders are not rushing to sell ETH but prefer to keep it off centralized platforms.
At the same time, another metric confirms shifts in Binance’s user structure. Data shows that the average BTC deposit on the exchange over the past 7 days is 13.5 coins. For comparison, at the beginning of 2024, the figure was about 0.8 coins. This indicates that whale activity has increased significantly, while the share of retail investors is declining.
This shift is explained by the fact that Binance remains the largest exchange by trading volume and provides the necessary liquidity. Large investors can make substantial trades without the risk of heavily impacting the price. This makes the platform attractive for institutions and funds seeking a reliable venue to handle large volumes.
The combination of two factors — shrinking ETH reserves and rising average BTC deposits — reflects structural changes in the market. Retail investors are moving Ethereum into long-term storage or DeFi, while large investors are strengthening their presence on Binance. This creates a unique situation where interest in cryptocurrencies is seen on both levels simultaneously.
See also: "Hyperliquid token price hits new all-time high of $50"
