CryptoQuant data show Binance’s Ethereum reserves have increased from 3.64 million ETH to 3.87 million ETH since the end of June, a gain of 221,000 ETH. That move puts more ETH on the exchange and readily available for trading. Higher reserves do not automatically mean incoming sales, but they do raise attention around potential supply pressure while ETH remains below earlier highs.
More ETH on Binance puts exchange supply in focus
Binance is one of the largest crypto exchanges by trading volume, so changes in its reserve balances are closely watched. CryptoQuant said the latest price rebound has not been backed by strong buying from major investors. In practical terms, exchange supply has expanded without a matching return of aggressive large-scale demand.
That gap leaves the market in a more fragile position. If buyers do not absorb the additional supply, the larger amount of ETH sitting on the exchange could turn into selling pressure. If demand holds, the reserve increase may not hit price right away. The near-term setup depends on whether capital steps in to support the market.
Average large trade size drops from 1,500 ETH to 1,000 ETH
CryptoQuant’s metrics on large investor activity point to a clear slowdown in high-volume trading. In mid-May, the average volume per transaction was around 1,500 ETH. That figure has now fallen to roughly 1,000 ETH. The shift suggests institutions and high-balance participants have become more cautious in recent weeks.
That change matters for market structure. When large buyers and sellers pull back, order book depth can weaken, and smaller trades can have a bigger effect on short-term price action. Total volume may stay relatively steady, yet the composition of that volume becomes less supportive and can lead to sharper moves.
ETH trades at $1,777 while $1,900-$2,000 remains the key barrier
According to TradingView data, ETH is trading at $1,777. The asset has made several attempts to move higher, but the broader bias remains bearish and resistance has not been cleared. Buyers are still defending the $1,700 to $1,750 zone, where demand has continued to meet selling pressure.
A stronger rebound would require ETH to break above the $1,900 to $2,000 range. Technical signals remain mixed. MACD shows bearish momentum easing, while the Relative Strength Index is still below its midpoint, indicating sellers retain the upper hand even as buyers hold support. For now, the market is waiting for stronger confirmation from large participants.