After a lamentable outing in the first quarter of 2025, the price of Ethereum implemented a high resurgence performance over the following three months. Although its price has slowed down a bit in recent weeks, the acclaimed “king of altcoins” is in a much better position than three months ago.
However, the recently found position of Ethereum seems to be at risk, according to the last chain revelation. Recent data show that ETH investors seem to keep their chips away from long -term storage and rather centralized trading platforms.
Optimistic perspective on the increase in eTH reserves on the Binance
In a post Quicktake on the cryptocurrency platform, the analyst of the Borisvest channel shared that the reserves of Ethereum on Binance, the largest exchange in the world in commercial volume, have inflated in recent weeks. According to the Crypto Pundit, the exchange now holds more than 4% of the supply of total ETH.
Cryptotic data show that Ethereum’s reserves on the Binance have not reached this level since May 2023. In general, the flow of ETH tokens to centralized exchanges – which generally offer trading services – suggests that assets are positioned to be discharged or sold on the free market.
Consequently, the recent increase in reserves of Ethereum on the Binance is a lower signal for the price of the ETH, as it signals an imminent sales pressure. This means that this trend could exacerbate a continuous prices correction or trigger the start of the downward price movement.
Source: CryptoQuant
However, Borisvest also painted a bullish table for the Ethereum price according to this observation on the chain. “If these ETH transfers are positioned before a potential rally and the price is firm despite increasing reserves, this could indicate high underlying demand or strategic positioning by whales,” said the analyst.
In addition, Borisvest said that the last time that Ethereum on Binance reserves reached this level, the price of the ETH increased from $ 1,900 to around $ 1,600. However, this brief price correction was followed by a net and abrupt upward rally.
The chain analyst also noted that the price of the ETH had not attended any major decrease movement since Binance reserves began to increase, suggesting price resilience by Altcoin. In the end, Borisvest urged investors to remain vigilant because these recent exchange movements could trigger the next decision for the Ethereum price.
Ethereum Prize at a glance
To date, the ETH token is estimated at around $ 2,516, reflecting a price increase of 0.4% in the last 24 hours.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Istock star image, tradingview graphic
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