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Ethereum inflows to Binance spike amid price stagnation, signaling possible sell-off and downside risk.

Technical Signals
15 May 2026
Blockonomi
View Source
Bearish
pluang ai news

Ethereum's reserves on Binance surged from 3.36M to 3.84M ETH between May 5 and May 10, despite ETH price holding steady between $2,200 and $2,400. This sharp inflow without price gains suggests increased selling pressure and a distribution phase, where sellers use short-term rallies to exit. A new weekly TD Sequential sell signal further points to potential downside targets at $1,900, $1,565, and $1,090, indicating caution for traders as Ethereum may face a corrective phase ahead.

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