After a disappointing outing in the first quarter of 2025, the price of the atherium performed a strong revival in the later three months. While 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 the atherium seems to be at risk, according to the latest on-chain revelation. Recent data suggests that ETH investors are taking their tokens away from long -term storage and to centralized trading platforms.
Service of boom on the growing ETH stores on the banns
In a Quicktech post on the Cryptoctive platform, on-chain analyst Boriswest shared that the Etharium Reserve on the world’s largest exchange binense by trading volume has been inflamed for the past few weeks. According to Crypto Pandit, the exchange now exceeds 4% of the total circulating supply of Eth.
Data from the cryptoctive suggests that the Etharium reserve on Benance since May 2023 has not increased to this level. Typically, the flow of ETH tokens for centralized exchanges – which usually offers trading services – suggests that assets are being deployed to be closed or sold in the open market.
Therefore, the recent bounce in the ethereum reserves on binance is a sign of a slowdown for the price of Eth, as it indicates limiting sales pressure. This means that this trend can increase the ongoing price improvement or trigger the onset of value movement at the bottom.
Source: CryptoQuant
However, Boriswest created a rapid picture for the atherium price based on this on-chain observation. The analyst said, “If these ETH transfer is being placed beyond a possible rally, and the value is a firm despite increasing reserves, it could indicate a strong underlying demand or strategic position by the whale,” the analyst said.
In addition, Borisvest mentioned that the Etharium Reserve on Benance had increased to this level last, the price of ETH had come down from $ 1,900 to about $ 1,600. However, after this brief price improvement, a sharp, sudden rally was reversed.
The on-chain analyst also mentioned that the ATH price has not seen any large downward movement as the began to increase in the banns reserves, which suggests the price flexibility by the altcoin. Finally, Borisust urged investors to be vigilant as these recent exchange movements could trigger the next step for the atherium price.
At a glance atherium value
As this writing, the value of Eth token is approximately $ 2,516, which reflects the price increase of 0.4% in the last 24 hours.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Specially displayed image from ISTock, chart from tradingview
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