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CryptoQuant: Strong Demand for Ethereum, Binance Exchange Reserves Continuously Decreasing

Summary: According to CryptoQuant analysts, despite recent price adjustments, the market demand for Ethereum remains strong. Data shows that the reserve of ETH on Binance Exchange is continuously decreasing, while Bitcoin reserves remain relatively stable. The analysis indicates that this difference suggests that even during the current price consolidation phase, market participants are actively accumulating ETH, ...

According to CryptoQuant analysts, despite recent price adjustments, the market demand for Ethereum remains strong. Data shows that the reserve of ETH on Binance Exchange is continuously decreasing, while Bitcoin reserves remain relatively stable. The analysis indicates that this difference suggests that even during the current price consolidation phase, market participants are actively accumulating ETH, reflecting investors' continued confidence in Ethereum.

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Link: CryptoQuant: Strong Demand for Ethereum, Binance Exchange Reserves Continuously Decreasing [Copy]

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