1 week ago
Binance Sees Massive ETH Rotation as $1.32B Stablecoin Exit Signals Whale Handover
TLDR: Binance logged +225,558 ETH inflows before $1.32B stablecoins exited within 48 hours. ETH held near $2,300 despite heavy exchange inflows, signaling strong absorption by buyers. ETH funding rates turned positive as Open Interest climbed 13%, reflecting bullish leverage growth. Liquidations plunged 99.6%, showing disciplined derivatives positioning amid large capital rotation. Ethereum’s on-chain data from [...]
The post Binance Sees Massive ETH Rotation as $1.32B Stablecoin Exit Signals Whale Handover appeared first on Blockonomi.
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